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Updated about 9 years ago on . Most recent reply

Account Closed
  • Real Estate Investor
  • Las Vegas, NV
38
Votes |
57
Posts

2 Year Capital Gains Rule

Account Closed
  • Real Estate Investor
  • Las Vegas, NV
Posted

I'm looking at selling my personal residence at the two year mark so I won't have capital gains. My question is I bought the property on 3/28/14, so can I sell on 3/28/16 or do I need to wait until 3/29/16? Also take into account this is a leap year so I would gain an extra day as well. If any accountants know the answer to this question that would be great!

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