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Deductions & credits
@eccentrichearts , if you are talking about exclusion ( from tax ) of gain ( 250,000 for single , 500,000 for a married couple filing joint ), -- (a) the property must have been owned by at least one for 2 year and (b) have been used as primary residence by both for at least 720 during last five years starting from the day the property is sold ( closed ).
Note that if the property was used as income property ( rented out / available for rent ) during the period when you did not occupy the property as your main residence, then the depreciation allowable ( whether recognized or not ) will adjust your basis in the property for computation of gain. Also in such a case that portion of the gain equal to the depreciation allowable is treated as ordinary gain and remaining is capital gain ( eligible for exclusion ).
Does this help or do you need more ?