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Deductions & credits
House purchased 4/2017 so it hasn't been 5 years. So then is personal residence exemption a moot point?
Also, for the dad would it be short term or long term capital gain tax rate? The dad has only been on the deed a couple of months but the son was on the deed since 4/2017 (purchase date).
Thanks so much!
‎August 2, 2021
5:21 PM