Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago,

User Stats

54
Posts
23
Votes
Cedric Van Duyn
  • Rental Property Investor
  • Gig Harbor, WA
23
Votes |
54
Posts

Selling 2nd Home - How Long until Proceeds are Taxed?

Cedric Van Duyn
  • Rental Property Investor
  • Gig Harbor, WA
Posted

My father-in-law is selling his 2nd home and needs to know how long he can hold the proceeds before taxes will be due? This property has not been operating or declared as a rental, so 1031 is not applicable. Are we correct in assuming that as long as the money is reinvested in 2018 then no taxes will be due for the proceeds of the sale in 2019?

Loading replies...