AmyC
Expert Alumni

Deductions & credits

We are here to help! This was an investment in a second home for you. You have found the purchase price and purchase date. You have the sales price as the same amount as the purchase price. This means no taxable gain on the property, it zeroes out. 

 

You must report the sale of your second home. See Where do I enter the sale of a second home, an inherited home, or land on my 2024 taxes?

You did great and the program should be easy to follow for entering the sale and then you can relax!

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