@toki4004 wrote:
- Got the house in 2010 for $120,000
- Moved out in 2014 and turned it into non-homestead/rental
- Sold in 2019 for 105,000
When you turned it into a rental in 2014, what was the Fair Market Value? What amount have you been using for depreciation?
This can be a tricky situation, so you may consider a tax professional this year.
