- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
If you wait until you've lived in the house for 2 years you'll be eligible to exclude the gain on the sale of the home:
<a rel="nofollow" target="_blank" href="https://www.irs.gov/taxtopics/tc701">https://www.irs.gov/taxtopics/tc701</a>
The calculation I did assumes that your AGI is $65,000 before adding the $100,000 capital gain. Enter everything into TurboTax and it will do the calculations.
<a rel="nofollow" target="_blank" href="https://www.irs.gov/taxtopics/tc701">https://www.irs.gov/taxtopics/tc701</a>
The calculation I did assumes that your AGI is $65,000 before adding the $100,000 capital gain. Enter everything into TurboTax and it will do the calculations.
‎June 7, 2019
3:47 PM