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Is a rental property that i never lived in a business deduction?

I went into short sale last year and would like to claim the gain as a business gain.
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Anita01
New Member

Is a rental property that i never lived in a business deduction?

Yes, rental property would be a business loss in this instance.  You would enter all the information for the sale under the Rental  Property interview.

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1 Reply
Anita01
New Member

Is a rental property that i never lived in a business deduction?

Yes, rental property would be a business loss in this instance.  You would enter all the information for the sale under the Rental  Property interview.

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