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Easy Step - Retiring a rental from Use (convert to personal)
I have seen "Retired From Use Date" mentioned in other postings.
My objective is to change a rental to personal use but don't know what form or
what easy-step process to accomplish this.
I presume the depreciation would be recaptured but since I didn't sell the property
and have no "sales price" I don't know if that is delayed until sale.
Thank you
‎April 4, 2024
3:03 PM