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How to enter a sale of rental property (prior primary residence) when no other primary residence owned.
Sorry if this is repetitive question, but I find some conflicting information here.
I lived in my ONLY primary residence for 10 years, then moved out and turned the house into rental. I did not purchase another home. After 10 more years of renting it (I didn't live in my primary house at that time), I sold the house last year.
Should I report in TT this sale as my primary residence or as a rental property?
Thank you in advance!
March 7, 2024
10:38 AM