- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
Yes, you still had a rental unit up tp April 1 and should report the income and expenses on Schedule E.
You also sold a rental unit and (maybe) made a gift of equity. You should report the sale. Even if there was no capital gain, you need to report "depreciation recapture.
May 9, 2021
4:45 AM