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Sold primary home partial used room as airbnb and now filing with 1031 exchange
Hi,
I lived in my primary home since 2002, but during 2016 until 2020 I did rented our's 1 room about 12.5% of the house as filing in income tax each year since 2016. So it is considering a partial rental. Last year 2021, we sold the home and doing a 1031 exchange of the 12.5% sale money during the final proceed of the sale.
How do I file income tax for this 12.5% of money for 1031 exchange in turbo tax of my primary home sale?
Please help.
March 5, 2022
11:08 AM