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Updated over 6 years ago,
Capital gains within California
Hello,
I am selling my house in Oakland Ca. and moving to San Diego Ca. A friend told me there may be a way to defer capital gains taxes if purchasing a home within a certain time frame. Does anyone know anything about this? It was my understanding that I will get a 250k deduction but that was essentially it other than investments I've made to my current home. Any other savings suggestions when it comes to capital gains taxes?
Much appreciated and thank you
Darren