How long after a sale of a home do you have to purchase your next home before you have to pay capital gains?
mmbump asked:
How long after a sale of a home do you have to purchase your next home before you have to pay capital gain taxes on those earnings from your home sale?
With in that same year? Or is it calender year, or longer?????
How long after a sale of a home do you have to purchase your next home before you have to pay capital gain taxes on those earnings from your home sale?
With in that same year? Or is it calender year, or longer?????
For couple is no longer in effect.
The five years now as you owned the rule about repurchasing home it was within year 18.