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re: Tax question on a home sale - ordinary income vs capital gains

Posted on 3/15/23 at 11:28 am to
Posted by texn
Pronouns: Y'All/Y'All's
Member since Nov 2019
3516 posts
Posted on 3/15/23 at 11:28 am to
Were you reporting the rental income on Schedule E of your 1040? Or just pocketing the rent?
Posted by Browncd81
Member since Nov 2020
489 posts
Posted on 3/15/23 at 1:24 pm to
quote:

Were you reporting the rental income on Schedule E of your 1040? Or just pocketing the rent?


I reported it all rental income accurately and took depreciation deduction during the years was rented
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