I purchased a rental property in 2021, rented it out for 254 days, and then converted it to my primary residence (still in 2021).
I indicated in TT that I converted my property “from rental to primary residence”. In the “Asset” section, I went through the questions for the “New Rental Property” to calculate the cost basis for the purchase in 2021 and to record number of fair rented days. However, there was no question about whether I stopped using the asset in 2021.
Do I need to record when I stopped using the asset in 2021? If so, How do I indicate the date on which I converted my rental property to my primary residence?
