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by Sftblldad
Thu Jan 10, 2019 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: Rental property cost basis
Replies: 2
Views: 393

Rental property cost basis

I sold a previous residence in February 2018 that I had rented out all of 2017. Prior to that, I lived there for 9 years. I sold the house for $338k but paid $372k for it in 2007. How do I determine the cost basis for the property when determining if I get a tax write off for selling a rental proper...