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Investors & landlords
each transaction stands on it's own... and there is no tax (if any) until a property is sold.
your primary residence gains are tax free since you lived in it at least 2 of the past 5 years (and the gain was less than $500,000).
the investment property is subject to capital gains tax.
the new primary residence - there are no tax consequences to the purchase.
‎January 9, 2020
2:34 PM