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Sold second home in another state
Sold home in another state and purchased another home of greater value in same state
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Sold second home in another state
The sale and purchase are considered two separate events. The sale of a home, even a second home does not qualify for a 1035 exchange. So, the only thing youi have to do this year is post the sale of the home.
You will post the sale of the home under:
- INCOME
- Scroll down to Less Common Income
- Select Sale of Home
- Continue through the questions.
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