Sales of rental and personal house

[bstaxes]

TP sold house which was 1/2 rental and 1/2 personal, 2 different addresses (all one house). I did the sale of rental but now how would I show the personal side? The amount for the rental is not the amount that would show on the 1099. I am afraid the IRS would be looking for the other part. TP lived in the house more than 2 years out of 5. Really don't want to send up red flags. The deed is all one. Just love the way towns do things (2 addresses 1 deed). Would 121 help?

[jainen]

>>I am afraid the IRS would be looking for the other part. <<

So what if they are? You check the 3rd party designee box so you can handle it all over the phone without bothering the client, right?

>>don't want to send up red flags<<

Who would you prefer to have question your work -- the IRS, or your client?

>>Would 121 help?<<

Probably. Maybe not. Depends.

[bstaxes]

Thanks, I feel better about the return. Things seem to be getting more wierd and complicated as the season goes on.