Q: DEAR BOB: I sold my principal residence in January with a capital gain of about $400,000. The same day, I bought another house using the profit as a down payment. I was single until April. Mine was the only name on the title to the house that was sold. -
Split the Mortgage, Get Tax Benefits?
Q: DEAR BOB: I sold my principal residence in January with a capital gain of about $400,000. The same day, I bought another house using the profit as a down payment. I was single until April. Mine was the only name on the title to the house that was sold.-
By Robert J. Bruss