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Can we claim married but seperately on our taxes in order to sell two primary residences within a two year period without paying capital gains tax?
We qualify for a prorated military capital gains exemption on a rental property that was our primary residence for more than fourteen months in the last fifteen years.
We need to also sell our current primary residence that qualifies for exemption due to an upcoming PCS within the same calendar year of when we plan to sell the rental residence.
We need to also sell our current primary residence that qualifies for exemption due to an upcoming PCS within the same calendar year of when we plan to sell the rental residence.
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‎August 26, 2023
10:58 AM