Tax Reporting
I purchased a home in 2017. Lived in it for 4 yrs later I purchased another home. I moved out home #1 and lived in home #2. I have since purchased another home and live in it starting in 2023.
I have rented home #2. Easy peasy. But home #1 I have sold in 2024 and rented out only for 2 years because family was living in it rent free.
Can home #1 be reported on my taxes as "main home"?
Or is it considered "real property" on schedule D?