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Updated over 9 years ago on . Most recent reply

User Stats

1
Posts
0
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Brian Tranter
  • Flipper/Rehabber
  • Destin, FL
0
Votes |
1
Posts

Capital Gains Question, 2 Yrs. To Sell or Put on Mrkt

Brian Tranter
  • Flipper/Rehabber
  • Destin, FL
Posted
I am a few months away from my 2 year anniversary living in my primary residence. I have rehabbed the home over that time and want to sell it without paying capital gains taxes. In order to take advantage of the tax break, do I need to wait for the 2 year mark to put the house on the market or can I put the house on the market sooner and have the closing date on or after the 2 year mark?

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