New Member

posted Mar 7, 2023 5:35:28 AM

Changed my principle R. to a rental and understand it is considered sold at fair value. How is this noted in TT? I just see a sale price option. Nothing about rental.

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Moderator

Mar 25, 2023 1:36:04 PM

This TurboTax FAQ has instructions on how to report the disposition of your principal residence: https://turbotax.community.intuit.ca/turbotax-support/en-ca/help-article/sales-logistics/report-sale-home-principal-residence/L44q9zecm_CA_en_CA