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What form to declare conversion of rental property
What do I need to do in turbo tax to declare conversion of rental property to permanent personal use? I converted at the start of the tax year and have rented out for 2 years while I was renovating. I had planned to rent but now decided not. I just didn't claim any rental income when I went through Turbo but now during error check it's asking me to fill in Schedule E items for the asset. Is that what I need to do and just show that its 100% personal use or is there something else I should be doing?
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March 23, 2025
6:07 AM