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Forum Post: Use Test - Home Sale
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Forum Post: Use Test - Home Sale
Hello, We are trying to figure whether we meet the use test, on the sale of our house. We purchased our house in September 2009. It really was not inhabitable so we had to rebuild it (demolish and bui more »
In the event we fail the use test, is the gain treated as a capital gain since we owned it for over 1 year ?
Thanks again