dmenikas
New Member

I lived in my mobile home for over 40 years. It was my primary and only residence. I sold it last year in 2024 for $43,000. Do I need to report this on my tax return?

I lived in my mobile home for over 40 years. It was my primary and only residence. I sold it last year in 2024 for $43,000. Do I need to report this on my tax return? I believe I do not have to report it but trying to understand the section 121. I did not receive a 1099 s for the sale.