Hi all,
We had a rental that was in use as such until the 13th of May. We then put it on the market the following week and it just closed Friday.
I do our taxes every year but am wondering how I will need to handle this for this year. What forms will I need to fill out? Is the cap gains on the sale taxed at different rates based on AGI?
Bet I could go to irs.gov and figure it out but you guys are way more fun!
Thanks in advance!