Thanks tagteam. That helps alot.
It looks like I will need to complete Form 4797 Sales of Business Property. So now I'm wondering which section I would complete:
Part I: Sales or Exchanges of Property Used in a Trade or Business and Involuntary Conversions From Other
Than Casualty or Theft—Most Property Held More Than 1 Year
Part IV: Recapture Amounts Under Sections 179 and 280F(b)(2) When Business Use Drops to 50% or Less
It seems like part IV would be more appropriate. Technically, business use fell below 50% because it fell to 0. Is that right?
