I sold a property which was purchased in 2006, used exclusively for personal use until August 2011 when it was converted to be exclusively used as a rental (business) property. It was sold in June 2018.
What lines from the HUD1 should be used to determine the sales price (line 401, 420, or something else)?
What lines from the HUD1 should be used to determine the sales expense (is it everything from page 2 of the HUD or only portions of it, if so which lines specifically)?
