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My wife and I are planning to sell our condo in flordia, we have had it for 11 years, lived in it for 4 years, i am in the military and was transfered out of state, how much of a capital gain will i have to pay, or will be have to pay at all. How long may we keep the money in the bank before we use it on a payment for another home. |
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IF I SEEL MY HOME BEFORE TWO YEARS OF RESIDENCY AND MOVE TO A MORE EXPENSIVE HOME DO I HAVE TO PAY TAXES ON THE GAIN IF I SELL IF FOR A PROFIT |
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I have the exact same question as john. Can someone help |
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If I sell a house and there is a 200k gain, so I have to pay taxes on this gain? |