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Deductions & credits
@Vanessa A - Thank you for your reply.
If I sell the home in future, in the below scenario
Home Price -> X
Realtor rebate -> Y
Net Price of the Home -> X - Y = Z
Home sale price -> A
Capital Gains -> A - Z = B
When do I need to show amount B as capital gains? I mean if I sell the home before N number of years, what is N?
‎February 17, 2024
6:34 PM