I'm working on my 2018 return and had a rental property (bought in 2005) in TX that tenants vacated in Nov 2017. I live in CA and flew out to complete some cosmetic improvements (paint, cleaning, landscaping) then put it up for sale in Dec 2017. (Side note: got a new roof thanks to insurance & Harvey in 2017).
It then sat vacant and for sale until Aug 2018 when it sold. I took the proceeds in cash and got a 1099-S showing the Gross Proceeds in Box 2.
My question is how to report the income/costs, since it wasn't rented at all for 2018. Turbo Tax is saying to remove it as a rental property. It wasn't my primary home either since I live in CA. Should I treat as sale of a Second home? Or sale of Business Property?
Would be grateful for any insight.
Thanks!
