Sold house-primary residence for 10 yrs, rental last 7. Do I fill out the Capital Gains Real estate and depreciable property section AND Sale of Primary Residence section
Sold house-primary residence for 10 yrs, rental last 7. Do I fill out the Capital Gains Real estate and depreciable property section AND Sale of Primary Residence section
Seems like I am paying Capital gains twice for the same sale
Sold house-primary residence for 10 yrs, rental last 7. Do I fill out the Capital Gains Real estate and depreciable property section AND Sale of Primary Residence section
When you converted your principal residence into a
rental property, that was a “deemed disposition”. So in 2018, you are selling a
rental unit, not a principal residence. So you only have to fill out the Capital
Gains Real Estate info, not the Principal Residence form.
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.
Sign In
Canada (English)
EN
