Due to the dates, I would just do a sale of business asset. If you had sold it in 2017 with the personal and then conversion, schedule E would be convenient. However, since it is 2019, I disagree. Since it sat empty, it feels more like a second home at this point but can NOT be entered as such.
It needs to be reported as a sale in Sale of Business Property. Follow these steps:
Federal
Wages and Income
scroll down to Business Items
locate Sale of Business property
start
Any Other Property Sales?
Select the top Sales of business or rental property that you haven't already reported
Continue
Sales of Business or Rental Property, select YES
Sales of Business or Rental Property
Enter your information
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
