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Investors & landlords
Hello,
I sold my rental property in July 2021, I bought it in December 2009 and it was my primary home until it was rented out in October 2017 (basically during the past five years, it was our primary home for one year and 4 months). I reviewed this post thread and input all my information including the purchase date and sold date, but I was not asked to put the selling price. Could you please advise where to put the selling price? Will I be able to take advantage of the 2 out of 5-year rule (at least partially)?
BTW, I have been using Turbo tax software for many years, so the software can pull all my past years' tax returns from my computer.
Thanks a lot!
March 19, 2022
4:06 PM