What is the name of your state?What is the name of your state? Delaware
As a result of separation and probable divorce, we are transfering ownership of primary home to my wife and vacation home to me. If I sell the vacation home before living there for two years would I not qualify for the $250,000 capital gains exclusion?
As a result of separation and probable divorce, we are transfering ownership of primary home to my wife and vacation home to me. If I sell the vacation home before living there for two years would I not qualify for the $250,000 capital gains exclusion?