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In 2016 I converted my main home to rental property, then sold it in 2018 at a loss. Do I treat this as sale of my main home, sale of rental property, or both?

I purchased the home in 2010 and it was our main home until 2016, so it meets the 2-of-previous-5-years test.  

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CynthiaR
New Member

In 2016 I converted my main home to rental property, then sold it in 2018 at a loss. Do I treat this as sale of my main home, sale of rental property, or both?

Since the home was converted to a rental in 2016 it is no longer your main home.   The sale of the home would be treated as a sale of a rental home.

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CynthiaR
New Member

In 2016 I converted my main home to rental property, then sold it in 2018 at a loss. Do I treat this as sale of my main home, sale of rental property, or both?

Since the home was converted to a rental in 2016 it is no longer your main home.   The sale of the home would be treated as a sale of a rental home.

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