is there a way to avoid capital gain taxes if you own the house under 2 yrs.?

kandi
Home Seller
Tunkhannock, PA

Answers (2)
Karen Burns
Agent
Auburn, CA

You should consult your accountant, but there are circumstances where you won't have to pay or will pay a reduced amount ...such as job transfer, multiple births and too small of house. I don't remember all the details and I am not an accountant/cpa.

Karen Burns

Sat Apr 4 2009, 14:08
Vicky Chrisner
Agent
Leesburg, VA
FIRST ANSWER

Few people are having to worry about this today. You might want to find out what the value of your home is today, it might be far less than you expect.

Sat Apr 4 2009, 13:56

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