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Sale of un-rented rental unit prior to divorce
I am using Turbo Tax Premier Federal & State for 2022
Prior to filing for divorce, my then husband and I agreed on a property Division. Signed and notarized on . We agreed to file Married filing separately.
The agreement stated that a property we owned jointly be sold (not primary residence). All expenses owed on the property be deducted from the proceeds. Including reimbursing me for his half of expenditures for maintenance on the property. The property used to be a rental, but had been vacant for almost 3 years. The property was listed and sold. Settlement in 2022.
He received all remaining funds from the sale. Where do I enter this in the tax program? Do I treat it as a second home? Do I have to file anything or does he? Thank you
‎April 15, 2025
7:51 AM