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Tax help for military filers
Copy. Thank you so much for the super speedy reply! So does that mean I would use rental section for all my expenses (repairs, taxes, insurance, etc.), but then use the personal residence home sale section to sell? It will let me split up the same property like that? If I sell like a normal personal residence, I have to recapture the years of depreciation I've taken? I thought not doing having to do that was one of the benefits of the military extension. Do I have that incorrect?
Thank you again. Really appreciate the vector.
Eric
‎December 6, 2020
9:08 AM