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Updated about 5 years ago on .
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Capital gains question owned 2 days short of 2 years
Having a small freakout moment. And if we would have know we might have done something a little different, but maybe it doesn't matter.
We were relocated out east, bought a house, then were relocated back the midwest for work. Here's the question. Out east we owned our house for 2 days short of 2 years- closing date to closing date. We did have a decent amount of gains in that 2 year time.
Anyone know if we were moved for work, if we would be responsible for capital gains- we did purchase another house back in the midwest. Or if 2 days short matters?
Thank you.
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@Carl Fischer - thank you. That helps. Actually we sold in Phoenixville sort or in you neighborhood. thanks again.