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Updated over 10 years ago,

Jeffery Kuhl's profile image
Jeffery Kuhl's profile image
Jeffery Kuhl
  • Real Estate Investor
  • from Fayetteville, North Carolina
  • Member since May 4, 2014
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User Stats

21
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3
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Jeffery Kuhl's profile image
Jeffery Kuhl's profile image
Jeffery Kuhl
  • Real Estate Investor
  • from Fayetteville, North Carolina
  • Member since May 4, 2014
Connect
Jeffery Kuhl
  • Real Estate Investor
  • Fayetteville, NC
3
Votes |
21
Posts
Buying & Selling Real Estate

cap gains

Jeffery Kuhl
  • Real Estate Investor
  • Fayetteville, NC
Posted

I purchased an investment property and lived in it whilst renovating. I am told upon selling I will have to pay around 25% cap gains tax(in north carolina). The only way I am aware of to avoid this is to live in the house for 2 years.

Is there another way???

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