Solved: Fortunately, you will not be taxed on the sale of a secon...

I used monies from a retirement fund to buy a second home and paid taxes on what was withdrawn. If I sell home for no gain, will I pay capital gains tax?

The second home was never a rental and will be sold to a sibling for cost.

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Fortunately, you will not be taxed on the sale of a second/investment home if you have no gain.

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Fortunately, you will not be taxed on the sale of a second/investment home if you have no gain.

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**Mark the post that answers your question by clicking on "Mark as Best Answer"

I filled my taxes on jan 22 I received my state but got a letter in the mail that stated it will take up to 60days for the its to review my federal it has been 60 days

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I used monies from a retirement fund to buy a second home and paid taxes on what was withdrawn. If I sell home for no gain, will I pay capital gains tax?

I used monies from a retirement fund to buy a second home and paid taxes on what was withdrawn. If I sell home for no gain, will I pay capital gains tax?

I used monies from a retirement fund to buy a second home and paid taxes on what was withdrawn. If I sell home for no gain, will I pay capital gains tax?

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I used monies from a retirement fund to buy a second home and paid taxes on what was withdrawn. If I sell home for no gain, will I pay capital gains tax?

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I used monies from a retirement fund to buy a second home and paid taxes on what was withdrawn. If I sell home for no gain, will I pay capital gains tax?

I used monies from a retirement fund to buy a second home and paid taxes on what was withdrawn. If I sell home for no gain, will I pay capital gains tax?

Get more help

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