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April 16, 2022
Question

This is a question on Transfer of Development Rights. I sold the development for my primary residence. How do I pay the taxes on that?

  • April 16, 2022
  • 1 reply
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1 reply

April 17, 2022

Generally, transferring property triggers recognition of gain or loss for state and federal income taxes. Enter that as an investment sale. Please see Where do I enter investment sales?

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