In 2014, I put my house under a lease to own contract. The contract was completed this year. The house was sold for what was owed. Do I need to file capital gains/losses?
In 2014, I put my house under a lease to own contract. The contract was completed this year. The house was sold for what was owed. Do I need to file capital gains/losses?
If it was a personal residence, then no.
If it was held for rental or investment purposes, then yes.
In 2014, I put my house under a lease to own contract. The contract was completed this year. The house was sold for what was owed. Do I need to file capital gains/losses?
If it was a personal residence, then no.
If it was held for rental or investment purposes, then yes.
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