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Selling Vegas House - less than 2 years capital gain?
Hi,
I have a house in Vegas that I lived for 1 year and 10 months. I had to move for a job out of state and i had the house rented the next month. My tenant has decided to move into a larger house and now I am thinking of selling. I read an article where Nevada is a state where there is no capital gain tax.
I have recently purchased another house a few months ago in my current state. Do I need to pay capital gain on the house in Vegas or since the tenant is leaving, is there a way I could make the 2 months up or no? Hope this question makes sense.
Thank you,
Robert
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‎February 1, 2023
8:50 AM