I am hoping for some help on reporting the sale of a second home which was just a vacation home from 2002 to 2011 and was changed to a vacation rental in 2012 when we moved back to the USA. We sold it in Jan 2020 and so it was a vacation rental from 2012 through the end of 2019. TT wants the Sch E deleted now. We had Sch E disallowed losses for 7 of the 8 years it was a rental which show as accumulated disallowed losses on the 2019 return. How do I report this in TT Permier? Do I split the sale details and cost basis details between Sch D/F8949 and F4797? There is no capital gains tax on the property in the foreign country where it was sold but we lived there for 18 years so we also have some passive income and general income tax credit carryover left as we paid higher taxes there than we would in the USA. How does this get onto the F1116? I did not report depreciation on the house as the loss was disallowed without it but it looks like I will be taxed on it after the sale anyway. Can the unreported depreciation on the house cost be added to the accumulated disallowed loss? Thanks in advance. Reading up on the relevant IRS publications but could use some help.
