Isn't my house an investment? It could easily be an investment to you, but it's the IRC definition of investment that is what matters. Investment income is pretty narrowly defined, basically as interest income, dividends, and net capital gains/losses. You didn't say if you live in the house or rent it out. If you live in it, I think the answer is probably not the one you want. If you rent it and if you sell at a gain, I think that gain might be investment income. Anybody got your reference material handy?
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