Question
1099-s
Lived at our property from 2011-2013 as primary residence. Purchased another residence in 2013 and established as primary residence. Maintained previous property and cultivated and sold hay. Sold previous property in 2021 and in the process of selling current primary residence. Received a 1099-S for the sale of previous property. We are are purchasing a new residence in 2021 and are using the proceeds of the two sales. I would like to minimize the Capitol Gains impact from the sale of the first property. It is under $500,000 and we file jointly.
