- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
Thank you very much for your help. I think I finally got it right to claim the partial gain exclusion for the home sale. It seems to me TurboTax has divided the gain for selling this home into a rental business portion and a main residence portion, and the sale of the rental business portion is still taxed as an investment gain. Please correct me if I am wrong, but if my understanding is correct, what is the rule for Turbo Tax to make such a division?
Thanks again.
March 2, 2021
9:59 PM