Carl
Level 15

Deductions & credits

Kinda hard to know if the response provided applies to your specific and explicit situation. Is this for a property you own and have converted it to a rental in 2019? Maybe it's a property you inherited in 2019 and sold?

If you are converting your primary residence to a rental, you won't enter the same data from the same source as you would for property you inherited and sold. There's a third option too. If the property was gifted to you, then you won't use either the appraised value or assessed value.

So what is your specific and explicit situation?