Usenet.com

www.Usenet.com

Group Index

Misc Thread Archive from Usenet.com

<-- __Chronological__ --> <-- __Thread__ -->

Capital Gains Tax (Sale of Primary Residence)



I recently sold my primary residence and realized a net profit of
more that 250K (I'm single).I'll now be buying a house for about
the same $ that I got for my previous house.

In order to avoid the cap gains tax,does this house have to be my
"primary residence" and is there a minimum period of time that I must
own it before selling?

Thanks much!




<-- __Chronological__ --> <-- __Thread__ -->


Usenet.com



Please check out one of the premium Usenet Newsgroup Service Providers below for access to Usenet.