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I purchased my primary residence in May 2018. I converted it to a rental property in August 2020. In August 2024 I sold the property. How do I report this using turbotax?
Since this was my primary for more than 2 years and 1 of the past 5 can I exclude capital gains? I barely made anything off of the sale. Mainly I'm struggling with how to properly file this using turbotax.
March 24, 2025
3:32 PM