meet 523 conditions for 2 lots that were part of principal residence. sold principal residence in 2023 and put 1099s for that sale on tax return but no gain since it sold for less than what I paid originally for house and acreage.
sold the other 2 lots each with a 1099s in 2024. combined capital gain for both lots is $109K, So how should I report the 1099s for each lot on 2024 return to exclude gain since that gain was part of the principal residence basis sale in 2023 which had no gain on 2023 return.
