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Updated almost 12 years ago,

User Stats

56
Posts
7
Votes
Matthew Hicks
  • Investor
  • Pittsburgh, PA
7
Votes |
56
Posts

Question on capital gains treatment

Matthew Hicks
  • Investor
  • Pittsburgh, PA
Posted

Hi everyone. I have a home that I purchased in 2010 for 25k. I'm just now renovating it and it will be finished in a month. If I sell it in 2013, will it qualify for short or long term capital gains? I've owned the property for over a year but most of the capital expenditures are just now happening.

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