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Deductions & credits
Hi PK
Thanks for the reply !
In answer to your questions:
A: GC holder, married, yes we owned the house together in the UK and was our only residence, we moved here 2009
B: acquired 2002, stopped living there Aug 2009.
C: Property has been let out for the majority of the time since Oct 2009 - we are selling to the current renters, hoping the sale concludes this year
D: Acquisition cost was 120K (uk), cost of improvements we estimate at 25k (uk). Sales price is 200K (uk). Cost to sell approx 3k (uk)
E: Tax return is final
thanks 🙂
‎November 17, 2021
4:45 PM