turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

dd76109
New Member

What property tax code should I enter for the sale of a rental house that was always a rental house? It's NOT farming or a time share.

The question is right at the beginning, and the choices are "time share or residential", farming property, all other property types, or personal use property.  Is a rental house personal use property under Sec 1275(b)(3)? or is it "Other"?
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
AmyC
Expert Alumni

What property tax code should I enter for the sale of a rental house that was always a rental house? It's NOT farming or a time share.

It is not personal use if it was rented. Other is the only option based on what you have listed. Would you care to clarity with more information? What form? State? etc

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies