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Prorating Primary Residence Gain - Bought '2006 sold in '2017. Rented it 2016 and '17. Is some of my gain taxable, on top of the tax on the deprecation that I took?
This was our primary residence for 9 years, and rented for the last 2 years before i sold it last year. Do I only pay taxes on the deprecation that i took for 2 years? How about the gain, do i need to do anything with that, since i qualify for the $500 K exclusion, as i met all the tests?
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‎June 3, 2019
5:23 PM