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10/2013 we purchased our home and lived there until 7/2015. House became a rental and we sold it 6/2019. Would this be a sale of home or business property?
The house was not intended to be a rental. We purchased it as our primary home and lived there until we had to move for my husband's job. I have tried researching the forums, etc and I have gotten information going both ways. For the 5 years prior to the sale, we lived there 1 month (2 if you count the time it was vacant before renting). According to some, this makes it the sale of a home.
Since it was used as a rental, some told me it was the sale of a business property.
Just not sure what to list it as...
Since it was used as a rental, some told me it was the sale of a business property.
Just not sure what to list it as...
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March 2, 2021
11:05 AM