Hello,
I think some of this situation may apply to me. I bought a 2-family home 9/26/2014, both units (A&B) were rented during 2014. Unit A rented until 10/5/2015 and Unit B I listed as rented for all of 2015 but vacant in 2016 (zero fair market value days, zero personal use days).
I stopped designating Units A and B as rental units on 1/1/2017 in TurboTax, just had it as my residence - not any part as a rental.
I had moved into Unit A 10/15/2015, then I moved into Unit B in 2017 (after no longer designating the property as a multi-unit rental) and finally I moved out of Unit B 11/23/2020 after selling the 2-unit property.
For tax purposes to account for capital gain taxes should I break the property up as two rental units up to 2017 somehow to calculate depreciation and personal use days for the property and then somehow take into account I didn't list the property as a rental in TurboTax for the property from 2017 until the time I sold the property?
Please let me know if this isn't clear as I think it may be a little uncommon and complicated. Thank you in advance for your help.
