Today, Michael from Palm Bay, FL tells us “I bought a home in 1984 as my residence. I was transferred in 1991 and had to rent it due to there being no market for home sales.https://www.richereducation.co.uk/wp-content/languages/new/write-an-analysis-essay.html It was rented (rental property schedule E) until 2004, when I retired and sold it. Do I declare the […]
Category Archives: Homeowners
Ask TaxMama Merrily We Tax Along… Welcome to the first edition of Ask TaxMama. AskTaxMama will be published every two weeks. You will find the complete text of this issue on the site at https://taxmama.wpengine.com/AskTaxMama/asktm_1.htm Lower Standards For the first time in anyone’s memory, the IRS arrived at a standard mileage rate that was lower than […]