pkinnebe
Returning Member

Investors & landlords

Carl,

This is still causing confusion as there is alot of related posts with different instructions.  I sold a rental property that was my former primary residence (2 out of 5 year rule) halfway through the year.  As per a referencing link “How do I report the sale of rental property?” you mentioned not to report the sale in the Rentals and Royalties section.   How then do I get the rental assets off the books and account for partial depreciation?   Thanks.