Thank you everyone for your reply. I am just curious that if someone decides to report this as an asset sale, then what should be the cost basis of the asset ?
Based on all the replies,My main question is that do I report this as Sale of Primary Residence OR Sale of Asset ? My main worry is whether IRS will see this as...
Nope. I did not take any depreciation etc No Schedule E etc.nothing to do with rental in 2018 taxes. In January 2019 , I put it for rent and found a renter who ...
