rlwremo42
Returning Member

Deductions & credits

One aspect of this I didn't mention is that my spouse is terminally ill.  She is the one who wanted to buy the house.  Once she passes I plan to sell it at some point (not immediately).  I did come across an article on nerdwallet.com that indicated death of a family member that was an owner of the house was a qualifying factor and may result in having "some or all" of the capital gains excluded.

 

Obviously this will all be complex and I will need a tax advisor that specializes in estate management.