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Deductions & credits
Another question..........what I stated in my first question still stands...however, I had bought another home because I was selling the prime residence. I bought that in August 2019, began living in the home October 2019. When can I sell the second home to avoid paying taxes on any capital gain. The primary home that was sold in 2020 was sold for less than $250K so there was no exclusion taken on this home on my 2020 taxes.
‎April 8, 2021
12:36 PM