melb3
New Member

sold a separate parcel of land behind my house last year, planning to sell my house and the land it sits on, this year

In 2014, we bought the parcel of land behind our home and used the land to grow fruit trees and our kids to ride around on their ride-ons (i.e., we "used" the land).  In 2022, I sold the same parcel land to my neighbor for a profit, but I am planning to sell my house in 2023.  Am I okay to not claim the capital gains on the profit if I sell my house this year?