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Selling a second home
From 1995 to 2013 my home was my primary residence. From 2014 to 2021 I rented it out because I landed a job out of state and had to move. Now in 2022 the home is a second home and I still live out-of-state. If my income this year is less than $40,000 and I decide to sell this year, what would the IRS expect me to pay in Income and more importantly Capital Gains Tax?
‎April 9, 2022
10:37 AM