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raccat
New Member

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?

 
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SharonC1
New Member

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.  

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1 Reply
SharonC1
New Member

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.  

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