TaxGuyBill
Level 15
03-07-2022
11:39 AM
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@qbteachmt wrote:
. Having to report sale 2 as taxable is the better option.
No necessarily. As I mentioned before, it seems like there is "Nonqualified Use", which means the exclusion is prorated. Hypothetically, it is possible that house #1 has significantly more Nonqualified Use resulting less exclusion than house #2.
