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Level 2
June 24, 2026
Question

How is the sale of a multi use condominium taxed?

  • June 24, 2026
  • 1 reply
  • 34 views
Condo has been used personally and rented out. How is sale reported?

1 reply

sjrcpa
Level 15
June 24, 2026

How was it used at time of sale? Sold at a gain or loss? Was it a vacation (Section 280A) property?

The more I know the more I don’t know.