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Updated about 8 years ago,
Selling a converted personal residence
Hello,
I am looking to have an in-depth discussion with a tax professional regarding my rental home. I have owned it for 4.5 years, I have lived in it for 2 years, rented it for 2.5 years. I am going to be moving for my job and am looking to sell the house and trying to understand the tax implications since I will have depreciation recapture, it was a personal residence, and now I am moving for work. I have done some research on my own, but just enough that if I tried to navigate this myself I would mess it up.