[quote=FormerSanDiegan]
So, if you convert your primary to a rental and received a favorable (inflated?) appraisal at that time for tax purposes, you could eventually take the loss when selling as an investment property.
Thanks for elaborating, FSD. I feel better now. I can think of no way I could have (ethically) gotten an appraisal that would be have been high enough to make the tax write off worth the conversion.
