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Get your taxes done using TurboTax
As a rental it is short term however due to the personal use they should be reporting it as a sale of personal residence and not as a rental so they can exclude the allowed profits. In the rental section they should skip the depreciation / asset section all together and report no depreciation in the home sale section so they have nothing to recapture.
‎September 20, 2020
11:56 AM