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Taxes - 2 Part question
I am 62 and retired but not drawing social security yet.
Is there a tax credit or deduction when selling and buying a house? I am downsizing from my current house to a smaller less expensive house.
What are the tax ramifications if I buy a new house with money from my IRA while still living in my current house. The current house will be sold after the new house is ready.
‎July 26, 2023
10:00 AM