Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 11 years ago on . Most recent reply

2 out of 5 year tax question.
My daughter and son-in-law were given a house as a wedding present, (nice I know) when can they sell it, and not pay capital gains. An uncle bought it and they moved in, they have lived there for 2 years but only took title of it in May. Does their 2 years start when they moved in or when they took title? They have rehabbed it and are anxious to do the next one!
- Shelli Callan
- [email protected]
- (406) 212-9081

Shelli Callan Broker with Ideal Real Estate
Most Popular Reply

Clock states when they actually took title, anytime before that and they were not "owners".