There is no capital gains tax as per the facts in your original post.
The residence was never rented out thus there is no rental income.
As the residence was your primary residence and falls under the grace period then that is also another reason why there is no capital gains tax.
Just sell your house and be done with it. Nothing to worry about here.
There was no "change of use" here.
Last edited by robaur; 12-18-2014 at 06:59 AM.
|