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Get your taxes done using TurboTax
There is no way to avoid the capital gains since it has been a rental for 5 years or more and you must recapture the depreciation you had to have been taking all these years. If you have not been taking depreciation then RUN to a local tax pro to get the 2020 return completed and fix that error ... it is not a DIY situation.
‎December 4, 2020
1:35 PM