Hi,

I have a client purchased home in 2018 at $560000, used as rental for about one year. Reported on Sch E and depreciated for 2018-2019 tax year

Then she lived up till middle of 2022 due to job relocation.

She sold the home at $570000 (paid commission ($28500).

My question is how to spilit the sales between rental (form 4797) and sales of home (Schd)?

Even thought it is loss,