I own my home and 2 other homes as rentals. Now i could be on the hook for capital gains. This true?

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I own my home and 2 other homes as rentals. Now i could be on the hook for capital gains. This true?

Only when you sell them,.

I own my home and 2 other homes as rentals. Now i could be on the hook for capital gains. This true?

Each of the properties will be considered separately. Assuming you quality for the personal home exclusion its sale would carry no tax liability. The business property gains would have no such exclusion.

Regards, Don

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I own my home and 2 other homes as rentals. Now i could be on the hook for capital gains. This true?

I own my home and 2 other homes as rentals. Now i could be on the hook for capital gains. This true?

I own my home and 2 other homes as rentals. Now i could be on the hook for capital gains. This true?

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I own my home and 2 other homes as rentals. Now i could be on the hook for capital gains. This true?

I own my home and 2 other homes as rentals. Now i could be on the hook for capital gains. This true?

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