Investors & landlords

Thank you! 

 

Let's use these number: 

 

Date of purchase/ acquisition; 5/28/2019  

Date of Sale ;   8/19/2024

Acquisition Price; 316,000

Sales Price; 450,000

Date of con version to Rental: 1/1/2022

approximate cost of land under the house; land is about 31% of total 

 your own filing status: head of household, sole owner