Apartments for Cheap

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Your Questions About Houses For Sale

August 28, 2013

Robert asks…

How much time do I have to reinvest the capital gain on a house owned less than 1 year?

House sale is due to a marital split.

Administrator answers:

I dont think you have any time. If the house was lived in less than two years, you always pay capital gains. Always check w/ your financial advisor or lawyer, but I think the min. Is two years.

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