Keep in mind that there can only be one principal residence at a time, so if your client claimed the principal residence exemption for another property while th...
" Keep in mind that there can only be one principal residence at a time, so if your client claimed the principal residence exemption for another property while ...
For my example: She bought this rental property in 2010, sold her principal house in 2020, and moved into her rental property in 2020. Finally, she sold this re...
If you make this election, you can designate the property as your principal residence for up to 4 years before you actually occupy it as your principal residenc...
