Hi
I sold my primary house in 2021, and before I sold it, I rent it for one year in 2020. I found I have to pay the depreciation tax even the total gain is less than 500k exclusion.
My question is, if I did not deduct the depreciation in 2020 tax year (my rental income minus property tax and interest is almost 0), can I avoid claim the depreciation in this year?
If not, can I get refund if I file 1040x for 2020 (but my rental net gain is almost 0)?
Thanks
