Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
Tax, SDIRAs & Cost Segregation
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 almost 6 years ago on . Most recent reply

User Stats

117
Posts
26
Votes
Tony F.
  • Investor
  • California, CA
26
Votes |
117
Posts

Tax implications primary residence sale owner carry

Tony F.
  • Investor
  • California, CA
Posted

Building a new house, Considering selling my current primary residence, I have lived in it 6 years, significant inveterate in value over that 6 years (~33% gain).

Since it’s my primary, if I sell, what is tax rate on gain?

Does carrying a note when selling the house change tax implications?

How long do I have to sell after moving out to realize this tax break? Won’t be renting but may take a couple months to move out.

Thanks!

Loading replies...