All Forum Posts by: Darren Gregory

Hello Brian and thank you. I am turning 55 soon and waiting to sell my house till after that date so I am aware of that rule. And luckily both counties are included in this upcoming move of mine.

There's so much so it's a lot to take in but I seem to be making the right progress!

Again, thank  you for taking the time and I appreciate it!! 

Darren

Thank you Michael,

I knew the first rule you mentioned but not the 2nd. I had the same understanding of what you were telling me but when my friend mentioned this I thought perhaps I missed something. 

Thank you so much for your input, I very much appreciate you taking the time to get back to me

Darren

Thank you Diane, I appreciate the information. I am single so the 250k applies. I was thrown originally by something about deferring the payments (till when I don't know) so that I have a bit more purchasing power on the other end.

Thank you again for taking the time to reply

Darren

Hello,

I am selling my house in Oakland Ca. and moving to San Diego Ca. A friend told me there may be a way to defer capital gains taxes if purchasing a home within a certain time frame. Does anyone know anything about this? It was my understanding that I will get a 250k deduction but that was essentially it other than investments I've made to my current home. Any other savings suggestions when it comes to capital gains taxes?

Much appreciated and thank you

Darren