Q: "The gross proceeds reflect the sale price of home but does not reflect real estate commissions & legal fees and expenses; should these expenses be reported in “The reported sales price did not deduct all fees or selling expenses?”
A: Yes. But report the expenses as described by @LeonardS if you rented out your second home or used it for business purposes.
**Answers are correct to the best of my ability but do not constitute tax or legal advice.
