I have a client who purchased a home in 1987. They lived there until august of 2008. After moving out they turned it into a rental. It was a rental until 2020. because they lived in longer than it being a rental, is there any tax relief that someone knows about?
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If you are saying they sold it for a gain, no there isn't any "tax relief".
If you are saying they sold it for a gain, no there isn't any "tax relief".
I FIGURED THAT, WAS JUST HOPING SOMEONE KNEW SOMETHING.... LOL
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