4797 Or Schedule D

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  • Kram BergGold
    Senior Member
    • Jun 2006
    • 2112
    #1

    4797 Or Schedule D

    Client rented house 2002 till mid 2008. Then house went up for sale. Client made no attempts to rent it from mid 2008 till the sale in Dec 2009 (I am not claiming rental deductions for this period as client did not try to rent it) . Do I report the sale on Form 4797 or Schedule D?
    Tags: None
    • Burke
      Senior Member
      • Jan 2008
      • 7068
      #2
      If he didn't live in it, I would put on 4797. Even if he did, I think it is now pro-rated, is it not?

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        • Jiggers
          Senior Member
          • Sep 2005
          • 1973
          #3
          4797

          Originally posted by Kram BergGold
          Client rented house 2002 till mid 2008. Then house went up for sale. Client made no attempts to rent it from mid 2008 till the sale in Dec 2009 (I am not claiming rental deductions for this period as client did not try to rent it) . Do I report the sale on Form 4797 or Schedule D?
          You report the sale on 4797.
          Jiggers, EA

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            • Kram BergGold
              Senior Member
              • Jun 2006
              • 2112
              #4
              thanks

              thanks, that was my guess but I wanted some support.

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