I sold an asset that was residence then rental.The business use percentage varied during the years I owned it, so Special Handling Required- where do I enter sale price?

[ok4mee]

I see a field for the sale price if I say No to 'Special Handling Required', but when I say Yes (because first it was my primary residence then afterward it was a rental), I don't see any field to enter the sale price.

[ColeenD3 · Accepted solution]

Converting a property to business use is not a requirement for special handling. The question about the percentage changing refers to vacation homes, where some years you may have rented more often than others.

[ok4mee]

Thanks so much for your answer! So just to make totally sure: I lived there for 5 years, then rented it for a few years, and last year I sold it, but that doesn't count as "The business use percentage of this asset varied during the years you owned the asset", and I don't need special handling?

[ColeenD3]

Correct. Just enter all the information for the sale.

[ok4mee]

okay thanks for your help!