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Investors & landlords
Hey Critter, thanks for responding. All the profit (after depreciation recapture) is not being excluded - hence as you suggest istallment option on installment plan will lead to tax deductions. That said, are you aware why this case is not supported by the platform. Is it that the TurboTax platform faces technological challeges to integrate the case, or it is the case that such a case is invalid per IRS regulations. In other words is that IRS does not allow to take the principal residence deduction and do an installment option on the profit after the primary residence deduction is taken?
‎October 24, 2019
10:46 AM