We converted our primary home to rental when we left on military orders. after a couple of normal rentals recorded on schedule E, we had a squatter who only left after going to court. Now to sell the house, which has not produced income while he squatted. We had to do extensive repairs.
Where to show depreciation? Last rent collected February 2022. Squatter from March-october 2022. Selling November 2023 after many personally and professionally done repairs and upgrades.
