IBSHERR
Level 2
04-13-2021
12:34 PM
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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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IRonMaN
Level 15
04-13-2021
12:41 PM
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If you are saying they sold it for a gain, no there isn't any "tax relief".
Slava Ukraini!
IBSHERR
Level 2
04-13-2021
02:22 PM
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I FIGURED THAT, WAS JUST HOPING SOMEONE KNEW SOMETHING.... LOL