If you are renting out the property then it can no longer be your principal residence.......
Therefore when you dispose of the rental, you will be selling a revenue property, presumably for a taxable Capital gain.
rms1956
New Member
bheans-gmail-com
New Member
finachan-hotmail
New Member
cesar-alejandro
New Member
Blueorange78
Level 1
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.