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Business & farm
Alright, I'll run through the whole thing before I draw further conclusions 🙂
One additional question in the Home Sale:
Was this asset included in the sale of your main home?
My interpretation of the TTX help here is that I should answer Yes only if I rented out part of my home. In my case, I rented out the entire home so I should answer No and report the sale of the property as the sale of a business property, not as "Sale of my home." Is that interpretation correct?
‎March 20, 2022
11:12 AM