i am single and lived in the home the entire time i owned it.
i bought the home for 310k and sold for 730k, is it considered no gain because of the 250k and the agent/broker fees and all the upgrades on the home?
730-310= 420 - 250= 170- 40 (broker/agent sales fees) = 130k - 140k (receipts from upgrades to the home) = -10k.
i dont want to take a loss on the house just want to make sure i get the correct turbo tax program.
i also have relocation costs that my employer did not help me pay for. which turbo tax do i use for both items above.
thank you in advance for your help
