I asked two scenarios for future tax planning. I would like to know whether is any DIFFERENCE between these two scenarios for proration of maximum exclusion of ...
I thought if I rented the house for a certain time period BEFORE I completely use it as primary residence, I always need to prorate the gain based on the ratio ...
So simply (if possible) speaking, as long as the rental period ( 2 years) happened before I converted it to a primary residence, no matter how long I live in th...
@AmeliesUncle thanks for your reply. I understand the general rule to calculate the ratio,but how does the "Worksheet 3 Section B" affect the calculation " Sect...
