Sold second home in another state

[crazynanna1]

Sold home in another state and purchased another home of greater value in same state

[JohnB5677]

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:

1. INCOME
2. Scroll down to Less Common Income
3. Select Sale of Home
4. Continue through the questions.