Let's change the scenario. Instead of PA, I live in CT and make first 100k there. Are you saying that my $150,000 will be taxed at the highest rate in both stat...
Got it. I received 100% of the money so I will report it.With regards to depreciation recapture:I rented a room in the house in 2018 (part of year, lets say 6 m...
Thanks. My wife and I lived there as our primary residency. The gain was $100,000. So because 3 people were on the deed... we can only exclude (67% of $100,000 ...
