That’s the million $ question! Do you have an IRS pub you can reference for the date of acquisition statement? I may have missed it but I’ve looked at Pub 409, ...
If I buy a home and subsequently make improvements I would not for tax purposes bifurcate the home purchase and improvements for different holding period treatm...
As a second home the sale will be the sale of a capital asset. If the house was never built and the land subsequently sold it would also be treated as a capital...
