Both are right let's drill down to which is accurate for you. As a second home, you can deduct the rental depreciation taken and report it in the same place as a stock. As a rental house, you should report it as the sale of business property.
So, if it was actively rented in 2020 and a part of your return from 2019, mark the asset sold in 2020 and go through the business rental section of the program. If it is not part of your return, add up all the depreciation taken over the years and subtract it from the basis.
The IRS says:
Publication 527, Residential Rental Property (Including Rental of Vacation Homes)
Sale or Trade of Business, Depreciation, Rentals | IRS
Publication 523, Selling Your Home. page 11
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