Home Selling in Mission : Questions & Answers

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Tresha Matth…, Real Estate Pro in Chandler, AZ
Tresha Matthews answered:
If one sold their principal residence this year, what forms do they need to file?
If there was a 1099 S provided by the title company or there is a gain this will be reported on a form 8949. If the home was sold at a loss and there was no 1099-S issued then it does n ... more
0 votes Share Flag Thu Jun 27, 2013 Home Selling in Mission
Tresha Matth…, Real Estate Pro in Chandler, AZ
Tresha Matthews answered:
If one sold their home last year, do they have to report the sale?
It also depends on whether the home was a personal home, rental, or investment property. Based on the type of home the gain may be taxable or the loss deductible.
0 votes Share Flag Thu Jun 27, 2013 Home Selling in Mission
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