Onguard2000
Level 2
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@NCpersonwhich is why I had to ask the question on a different forum and got an answer that actually answered my“facts and circumstances” test question:Those fa...
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Your response covers the “Eligibility Test” for maximum exclusion of gain on the below link but doesn't address the “facts and circumstances” test regarding mul...
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“So if you lived and owned the home for 3 years, and you were to move to the new home today, as long as you sold the 1st home within a year, you could still say...
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Based on your response, the “facts and circumstances" test doesn’t apply in my situation?
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So does the below "facts and circumstances“ testfrom the IRSmean that if I have two homes yet leave my address alone on voter registration/license until I sell ...
Activity Feed for Onguard2000
- Posted Re: Capital gains tax on 2nd home? on Deductions & credits. September 15, 2023 8:34 PM
- Posted Re: Capital gains tax on 2nd home? on Deductions & credits. September 11, 2023 10:43 AM
- Posted Re: Capital gains tax on 2nd home? on Deductions & credits. September 11, 2023 6:29 AM
- Posted Re: Capital gains tax on 2nd home? on Deductions & credits. September 11, 2023 4:32 AM
- Posted Re: Capital gains tax on 2nd home? on Deductions & credits. September 10, 2023 10:23 PM
- Posted Re: Capital gains tax on 2nd home? on Deductions & credits. September 10, 2023 9:55 PM
- Posted Capital gains tax on 2nd home? on Deductions & credits. September 10, 2023 9:32 PM