asked

I have a mortgage on a property that was once our primary residence but has been rented out for three years and then taken off the rental market in January 2017. We have yet to sell this house and it may return to being a rental property if not sold by May 2018. Can I still deduct interest, property taxes, etc., related to this property since we did not use it as a rental property or a primary residence? Additionally, I received a 1099-MISC for $981 for 2017 from the previous renters' down payment. What should I do with this?

February 29th, 2024

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