topic DO WE HAVE TO REPORT IF WE BUY A NEW HOUSE? IF WE NEED, HOW TO DO IT? in Get your taxes done using TurboTax https://ttlc.intuit.com/community/taxes/discussion/do-we-have-to-report-if-we-buy-a-new-house-if-we-need-how-to-do-it/01/1049316#M381848 Fri, 31 Jan 2020 01:54:22 GMT adoxencorp 2020-01-31T01:54:22Z DO WE HAVE TO REPORT IF WE BUY A NEW HOUSE? IF WE NEED, HOW TO DO IT? https://ttlc.intuit.com/community/taxes/discussion/do-we-have-to-report-if-we-buy-a-new-house-if-we-need-how-to-do-it/01/1049316#M381848 Fri, 31 Jan 2020 01:54:22 GMT https://ttlc.intuit.com/community/taxes/discussion/do-we-have-to-report-if-we-buy-a-new-house-if-we-need-how-to-do-it/01/1049316#M381848 adoxencorp 2020-01-31T01:54:22Z Re: DO WE HAVE TO REPORT IF WE BUY A NEW HOUSE?IF WE NEED,HOW TO DO IT? https://ttlc.intuit.com/community/taxes/discussion/re-do-we-have-to-report-if-we-buy-a-new-house-if-we-need-how-to-do-it/01/1049385#M381880 <P><STRONG><EM>"DO WE HAVE TO REPORT IF WE BUY A NEW HOUSE?"</EM></STRONG></P> <P>&nbsp;</P> <P>No, you do not have to report the purchase of personal use property (i.e., property that is not used in a trade or business or rental use).</P> Fri, 31 Jan 2020 02:01:48 GMT https://ttlc.intuit.com/community/taxes/discussion/re-do-we-have-to-report-if-we-buy-a-new-house-if-we-need-how-to-do-it/01/1049385#M381880 Anonymous_ 2020-01-31T02:01:48Z Re: DO WE HAVE TO REPORT IF WE BUY A NEW HOUSE?IF WE NEED,HOW TO DO IT? https://ttlc.intuit.com/community/taxes/discussion/re-do-we-have-to-report-if-we-buy-a-new-house-if-we-need-how-to-do-it/01/1049742#M382050 <P>Nothing to report about the purchase but you may qualify for deductions if they are higher then the standard deduction amounts. see&nbsp;<A href="https://turbotax.intuit.com/tax-tips/home-ownership/home-ownership-tax-deductions/L7nXpU8Xz" target="_blank">https://turbotax.intuit.com/tax-tips/home-ownership/home-ownership-tax-deductions/L7nXpU8Xz</A></P> Fri, 31 Jan 2020 02:48:23 GMT https://ttlc.intuit.com/community/taxes/discussion/re-do-we-have-to-report-if-we-buy-a-new-house-if-we-need-how-to-do-it/01/1049742#M382050 Bees 2020-01-31T02:48:23Z Re: DO WE HAVE TO REPORT IF WE BUY A NEW HOUSE?IF WE NEED,HOW TO DO IT? https://ttlc.intuit.com/community/taxes/discussion/re-do-we-have-to-report-if-we-buy-a-new-house-if-we-need-how-to-do-it/01/1050262#M382279 <P>Generally, most home-owners can't itemize, after the recent tax law changes.</P> Fri, 31 Jan 2020 04:08:29 GMT https://ttlc.intuit.com/community/taxes/discussion/re-do-we-have-to-report-if-we-buy-a-new-house-if-we-need-how-to-do-it/01/1050262#M382279 fanfare 2020-01-31T04:08:29Z