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Old 04-06-2005, 06:10 PM
hxm hxm is offline
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Capital Gains Exemption

What is the name of your state? CA

My wife & I have ownership & use of a property in CA for 22 months. I am an engineer by profession but also a scuba instructor as a part time hobby. I wish to resign my position and continue with my Instructing on more of a full time basis primarily for handicap students and vacation students in Hawaii. I will work as a self emplyed person. Does my situation come within unforseen circumstances as I will be selling the residence?
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Old 04-07-2005, 12:44 AM
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Sounds fine to me. You are changing jobs, moving >50 miles away.

Snipes
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This post does not create an agreement to represent you before the IRS, nor does it invoke confidentiality regulations. Postings are based only on the information provided and you should consult a tax professional in your area before relying on information contained in this post.
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