Investors & landlords

Thanks for you reply @DaveF1006 !

 

Ok, normal property sale, different depreciation schedule, thanks!

I have a google sheet for conversion rates so I can easily use the rate for the respective date, purchase, sale and so on.

 

I have some follow-up questions:

  1. Do you mean that depreciation is different on foreign properties in general or did 2018 have anything to do with that?
  2. What do you mean that no partial exclusion exists? From what I understand the partial exclusion is usable  when you don't qualify for the 2 year rule. In my case work-move and partial would be from Aug 2017 (5 year look back) to Mar 2018 (ie. 9 months). That is not correct?

Thanks again