A single-family residence, a condominium, a cooperative house, a cellular house, and a houseboat each may be a major home and subsequently qualify for the exclusion. Before considering the Eligibility Test or whether your personal home qualifies for a partial exclusion, you must think about some preliminary objects. Determine any amounts you could have received in federal mortgage subsidies within the 9 years main as a lot as the date of sale. Report as ordinary revenue on Form 1040, 1040-SR, or 1040-NR relevant canceled or forgiven mortgage debt. Report on Schedule A , Itemized Deductions, any itemized real estate deduction.