Refinance or take out a second loan?Do you Itemize?As was mentioned, at your income level, it is in your best interest to go to a good tax professional and/or f...
@_Mix_wrote:we would only need to recapture$40K (not $100K) when the property is sold.You have the general idea right. The MOST amount of the depreciation that ...
@jandan2000wrote:would I still qualify for the full exception?Ex: Purchased in 2012, lived there until 2016, rented it until 2024, live in it until 2026 and the...
In order to file a Joint return, you and your wife will need to make an election to treat her as a Resident Alien. TurboTax is not set up for that, so you would...
@taxnomyown0328It looks like you may be logged into the Canadian version of TurboTax but you are asking this on the forum for the US version of TurboTax. I susp...
