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Updated almost 10 years ago on . Most recent reply

Account Closed's profile image
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Account Closed
  • Homeowner
  • from Signal Hill, California
  • Member since Feb 26, 2015
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • Homeowner
  • from Signal Hill, California
  • Member since Feb 26, 2015
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Account Closed
  • Homeowner
  • Signal Hill, CA
70
Votes |
521
Posts
Buying & Selling Real Estate

Waiting 2 full years to avoid capital gains tax on sale of primary residence?

Account Closed
  • Homeowner
  • Signal Hill, CA
Posted

is there any way around making sure the resale (not exchange) of one's primary residence closes at least 24 months after the purchase date?

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Wayne Brooks's profile image
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Wayne Brooks
  • #1 Foreclosures Contributor
  • Real Estate Professional
  • from West Palm Beach, Florida
  • Member since Jul 27, 2012
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Wayne Brooks's profile image
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Wayne Brooks
  • #1 Foreclosures Contributor
  • Real Estate Professional
  • from West Palm Beach, Florida
  • Member since Jul 27, 2012
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,508
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

Nope.  And a 1031 can't be used for a primary residence anyway.

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