- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
If we bought a home, lived there 6 months, stationed overseas 2 years then sold it, do we meet military exemption to "investment property"? It was rented while overseas.
We are unsure if we should put that this home was our primary home although we were overseas and did not live in it for the 2 year requirement. There are exemptions to this listed on Turbotax to include :
3. Any period (not to exceed 10 years) during which you or your spouse (if married) is serving on qualified official extended duty as a member of the uniformed services, the Foreign Service, the intelligence community, or as an employee or volunteer of the Peace Corps.
3. Any period (not to exceed 10 years) during which you or your spouse (if married) is serving on qualified official extended duty as a member of the uniformed services, the Foreign Service, the intelligence community, or as an employee or volunteer of the Peace Corps.
Topics:
‎June 4, 2019
12:13 PM