- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
Ok. Hope I'm not too verbose.
gave the sales price of the home, address, date sold [6/21/19], and expenses involved in the sale. Indicated I'd received a 1099-S where I obtained the figures;
gave the date I bought the home [10/27/86] and the adjusted cost basis;
I was asked if I'd lived in the home 24 months out of the last 5 years [since 6/21/2014] and I answered "yes";
"Did You Use This Home for Anything Other Than Your Primary Home?" to this question, I answered "No" and clicked on the continue box;
I was asked if I'd sold a home after June 21, 2017, which was two years before the sale of this house. I answered "No";
I was asked if I'd rented out the part or all of the home or had taken a home office deduction after May 6, 1997 and I answered "No";
I answered "No" to a question about a spouse having died after 6/21/2017, two years before the sale of the home;
I was then informed that I was entitled to "no exclusion". It's driving me nuts, but I hope this gets someone's attention. thanks for asking and please point out any incorrect answers I may have made. I need more eyes on this than just my own.