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Get your taxes done using TurboTax
I am thinking about selling my mobile home in Florida that I have only owned for a year and a half. I do own the lot. I am retired and only make $17000 in pension for income. If my sale of the home is $60,000 more than purchase price, would I have to pay capital gains tax of 15%? I have added $10,000 in improvements. Thanks for the help.
July 10, 2019
2:22 PM