do you get to claim capital gains paid on your taxes the following year? And what if you purchase another

kandi
kandi
Home Seller
Tunkhannock, PA

house (after you selll) that is higher in cost than you sold the first house for-you are not actually making a gain

Sat Apr 4 2009, 11:34 - Home Selling in 18657 - 1 answer
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Jefferson
Jefferson
Home Buyer
Bucks County, PA
FIRST ANSWER

Kandi,

Asked and answered on your other thread. The second house you buy has NOTHING to do with the house you just sold for tax purposes. Each is a separate transaction with the same rules.

Sun Apr 5 2009, 09:34
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