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Updated over 6 years ago on . Most recent reply

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31
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James Isaacs
1
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31
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Avoiding capital gains

James Isaacs
Posted

A person owns two properties, one is there current residence but the other they havent used in over 10 years accept for visits to the area. If the owner decides to sell the property can they avoid capital gains by applying the profits to the mortguage of there current residence?

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