Investors & landlords

Thank you, @DMarkM1 

 

I have one last entry "Section 121 Exclusion" for the sale of the house (in California after I moved to Oregon).

 

Date Acquired: 07/08/2008

Date Sold:11/05/2021

Total Gain/Loss: -$250,000

 

1. Earned/Rec'd from CA Source as if Nonresident for Full Year _____

2. Allocation Type _____

3. Earned/Rec'd While a CA Resident _____

4. Earned/Rec'd from CA Source While a CA Nonresident _____

 

This should be the same as answered before?

1. -$250,000

2. DATE - allocate based on Date Sold

3. zero

4. -$250,000

 

I'm not sure the Section 121 Exclusion is considered "from CA Source".