@Carl wrote:
As I recall, you need to read the small print. Basically, if the property was classified as a rental up to the date of closing on the sale and you never used the property for "any" personal use for one single day of the tax year, then it was rented all year.
Yet, if you indicate the property was rented all year, then then program inserts "365" (or "366" for a leap year) as the number of days rented on Schedule E which, clearly, is not technically correct considering the property was sold in October.
The most critical entry is the one involving personal use, which should be zero (0) days.
