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Home Selling in 95070 : Real Estate Advice

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Activity 4
Tue Feb 24, 2015
Sam Shueh answered:
Are they just permitted and county tax records show as such?
Having a city permit often get missed out on the county tax records.

Sam Shueh
0 votes 1 answer Share Flag
Tue Oct 19, 2010
Cameron Novak answered:
It stands to reason that since the definition of a rental house is one you don't occupy, AND you weren't living in it.... you probably shouldn't try to claim it as your primary residence for tax purposes.

In addition to being illegal, karma will chase you down and run you over <-- Remember this 36 months from now.

Good luck in making the right decision
... more
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Mon Oct 18, 2010
Michelle Carr-Crowe answered:
In addition to consulting a tax pro, you need to keep scrupulous records. While the 24 months of the 2 years need not be consecutive, you can't simultaneously claim another home for the same months. The IRS verifies this with your tax returns-whatever home you claim on your return as primary residence is the one you can claim for the exemption. ... more
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