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Updated over 8 years ago on . Most recent reply

User Stats

107
Posts
36
Votes
Jason Krawitz
  • Flipper/Rehabber
  • Mount Juliet, TN
36
Votes |
107
Posts

Gains Taxable? 2 years later?

Jason Krawitz
  • Flipper/Rehabber
  • Mount Juliet, TN
Posted

Two years ago, I moved from house # 1, where I lived for 10 years prior, and purchased house # 2.

If I sell house # 1 today, would the gains be taxable? I originally purchased house # 1 for approximately 131k and will be selling for 215k. House # 2 was 269k. 

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