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 almost 7 years ago,
tax consequences of selling primary residence with larger
I am currently seeking information on tax consequences of selling m primary residence. I know the $250/$500k rule after two years but I am trying to find out if you reinvest the gain that exceeds that into your next primary residence if you still must pay capital gains tax on the excess. Does anyone know the answer to this? Thanks!