Hi all,
I bought a townhouse in October with the intent to make it my primary residence. Then life happened, and I didn't want to sell the house again 3 months after I bought it, so I decided to rent it out. Now I am wondering how to declare this purchase on my taxes. Since it was bought with the intent to be used as my primary residence all along (which is, of course, reflected in the mortgage, etc.), is that how I need to declare it? Or does the purchase have to be declared as a rental property, because that's what it is now?
Thanks in advance!
