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Get your taxes done using TurboTax
Thanks for reply. What if I did not depreciate the property over the 3 years I used it as a rental. I bought in 2009 as primary. Starting renting as vacation rental December 2015. And sold March 30, 2018. Isn't that calculator for figuring deferred taxes if you do a 1031 exchange? I will be within the bottom 2 tax brackets for 2018. Also, is the amount of my gain, counted towards figuring my annual income?
‎April 3, 2018
1:44 PM