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Investors & landlords
You are in the proper section and simply need to enter the information from the sale of your second home.
Note that a subsequent screen will contain a box you will need to check if you sold your second home at a loss since losses from sales of personal use property are not deductible.
Further, if you have ever rented your second home and claimed depreciation deductions, you will need to use a different approach.
‎February 11, 2021
4:30 PM