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Updated about 4 years ago on . Most recent reply presented by

User Stats

169
Posts
37
Votes
Tim Sipowicz
  • Rental Property Investor
  • Lockport, IL
37
Votes |
169
Posts

Capital gains tax and what to do

Tim Sipowicz
  • Rental Property Investor
  • Lockport, IL
Posted

I’ll be selling my primary residence next month. We’ve lived in the home the past six years so my understanding is that if you lived in the property two of the past five years, you don’t have to pay capital gains tax. If this is true, is there anything to fill of document wise or any steps to take? Thanks 

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