1099C...for rental property that was sold in 2006?
I received a 1099c for a home that was sold as part of a real estate short sale. The home was my residence for 3 years and then was rented out for 15 months. The home was rented from April 05 until it was sold in Sept 06. I know I have to file the 1099c but will I be able to use a form 982 to exclude the debt by claiming it to be qualified Real Property Business debt.
2007-03-28
10:19:38
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1 answers
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asked by
gr8tfriend
1
in
Business & Finance
➔ Taxes
➔ United States