We sold an "investment" home and took that money and put it towards our current primary home mortgage. Do I need to put the info about reinvesting it? If so, where?
We sold an "investment" home and took that money and put it towards our current primary home mortgage. Do I need to put the info about reinvesting it? If so, where?
No, you do not need to input information about reinvesting.
Purchasing a primary home with the funds you gained from selling an investment does not qualify your new home as an investment.
We sold an "investment" home and took that money and put it towards our current primary home mortgage. Do I need to put the info about reinvesting it? If so, where?
No, you do not need to input information about reinvesting.
Purchasing a primary home with the funds you gained from selling an investment does not qualify your new home as an investment.