Do I need to take proportionate expenses and depreciation in the case where I rented property and tried to sell it but couldn't sell? It was never used for personal use.

[nbadhe2020]

In this case the property was rented for 150 days and rest it was for sale. Please advice.

[ColeenD3 · Accepted solution]

No, if it was rental property with no personal use, you don't prorate. However, you can't take any expenses for the time it was not available for rent.

Per Pub 527:

Vacant while listed for sale. If you sell property you held for rental purposes, you can deduct the ordinary and necessary expenses for managing, conserving, or maintaining the property until it is sold. If the property is not held out and available for rent while listed for sale, the expenses are not deductible rental expenses.