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Turbo Tax not capable of handling sale of rental property for a primary home converted to a rental?
Hi, I'm trying to record the sale of a rental property, but having trouble. As background, I bought a primary home in 2011 and lived in it for 4 years. I moved out in 2015 and converted it to a rental property from 2015-2022. I sold it in July 2022. I'm using TT live online premium edition. When I get to the "Special Handling Required" section, it asks if any of these conditions apply. I have to answer YES to "The business use percentage of this asset varied during the years you owned the asset." On the "Learn more" tab, it states "If the business use percentage varied over the life of the asset, the program cannot automatically compute the sale information." When I previously clicked yes it takes me back to the summary, with no opportunity to enter sales info. So, now what do I do? Is TurboTax not capable of handling this situation? Thanks.