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Purchase new Primary home and convert old primary home to rental
I lived in property A until 07/2024 in a primary home, then we purchased a new property B. From 08/2024 we rented out property A and property B is now new primary home.
I've received 1098 mortgage statement which outline real estate/ property taxes of 9000$ and mortgage interest of 22000$ for the entire year.
Rental income from Aug to Dec 2024 is 9000$.
How do I file schedule E for rental property.
I have hard time when i how to file in Turbotax software, can you explain this brief in step by step.
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‎February 23, 2025
10:10 PM