Reply To: Taxable gain on sale of formerly rented house?

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#3579
fairira
Participant

Kaneohe,

Your comment points out some of the pros and cons of using QDIV/LTCG against investment interest carryover. If this house owner did not have a very large amount of accrued investment interest expenss, he would probably just pay the regular income tax on his capital gain from his future house sale.

Thanks again for your help.