barryabb
New Member

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