Since you did not rent or attempt to rent the property at all in 2024 you should show/indicate in the program that you converted it to personal use with an effi...
If the property was your primary residence for at least 2 years (730 days) of the last 5 yaers (1826 days) you owned it, counting back from the closing date of ...
See if this information helps.Number of days of personal use - ZERO. The program is asking for number of days of personal use "AFTER" you converted it to a rent...
No. Basically, you are "in the business" of managing other people's property. Therefore all of your business income and expenses are reported on SCH C with the ...
@Rhom for inventory there's a section in the TTX program for reporting this. The only way to actually see that section in the program is if you indicate that yo...
