*Reposting as it looks like my previous post was lost , deleted or otherwise vanished*
Read sooooo many posts, now I think I have my self confused. Similar situation to @cutegoat. So here I am in 2021 trying to figure this all out and need some help to somehow get my brain to lock-in on what needs to be done.
Renting my home since Jan 2012, renters moved out 30 Nov 2019 and did try to rent in Dec 2019. Took advice and declared house as a rental for all of 2019. However, after 23K worth of repairs in 2020 the house was put on the market in March 2020 and sold in May. Luckily I have been using TTax for all years while renting.
Reading all this stuff, I know I have to stop depreciation for recapture was thinking that would be on 1 Jan 2020. Would the sale of the house be in the renters section or the "Sale of a business property". One post reads like it is in rental section, and another as a business property once converted to personal use with zero days. The 23K repairs were a new roof, concrete work some misc interior repairs.
See? Confused right? Help? Please? Thanks!
