Thank you@NCpersonfor the sage advice to seek professional advice and to consider avoiding "playing with fire".Alas, given the desire of the IRS to squeeze ever...
First, my thanks to all those who replied.Second, I believe that the definition of Main Home is NOT strictly defined by time spent but as shown in Publication 5...
Thank you for your rapid response and clarification.Alas, since much time is being spent in Florida, there is a much shorter time period available to meet the t...
First, thank you for a quick response.Second, to be clear, then upon the sale of the NJ Home: 1. The Adjusted Basis must reflect the "Gain Postponed" from 1987...
