MonikaK1
Expert Alumni

Investors & landlords

Complete the interview for the rental property. Answer the questions to indicate that the property was not rented at all during 2022.

 

At such time as you sell your home, you would need to report that it had been previously used as a rental and you would recapture the depreciation taken.

 

Please see this thread for further discussion of the situation of renting out part of your home. 

 

See here for more information from the IRS on this topic.

 

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