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Sale of home
Are there any ways around the 6 month rule of reinvesting profits from a home sale?
I purcased a new RV 4 months before the house sale, can that count as a reinvestment?
My profit from my home sale will be around $127,000. I can not get a builder to build and close on a new home in 6 months. What are my options?
I also invested $30,000 of the profits to pay off all debt, any way for this to not be taxed?
Thank you
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‎July 27, 2021
7:41 AM