About tsfromny

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Re: Purch my home for $530,000, sold for $1.3 Mil. Lived in house 1...

Thanks for the follow up, I did know about #2 but not #3, so that helps!

tsfromny

Updated Aug 04, 2022
Re: Purch my home for $530,000, sold for $1.3 Mil. Lived in house 1...

Not the answer I wanted to hear but thank you for the information.

tsfromny

Updated Aug 04, 2022
Re: Purch my home for $530,000, sold for $1.3 Mil. Lived in house 1...

So are you saying that if I purchased another home for less than $530K I could defer the capital gains?

tsfromny

2

Updated Aug 04, 2022
Re: Purch my home for $530,000, sold for $1.3 Mil. Lived in house 1...

Thank you for your response.If I take the profits from the house and buy another house in a different state would that exclude me from the capital gains?

tsfromny

4

Updated Aug 04, 2022

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Date Registered	‎August 4, 2022 10:35 AM
Date Last Visited	‎November 10, 2022 2:09 PM
Total Messages Posted	5

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