Rent vs Buy in Vermont : Advice

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Tim Ambrose, Real Estate Pro in Castro Valley, CA
Tim Ambrose answered:
We are trying to sell our house and looking to relocate to find jobs. We are thinking of renting next but are unsure about Capital Gains Tax
Hi Victoriavt,

I agree with Eva-maria, unless your profits exceed $500k you should be fine. That said, always consult your tax professional.

I hope this helps!

Tim
0 votes Share Flag Fri Apr 2, 2010 Rent vs Buy in Rutland
Mike Conroy, Real Estate Pro in Burlington, VT
Mike Conroy answered:
Burlington: keep renting, or buy first home? Break-even points?
Tim -
Buying shorter term (1 to 3 years) can be more complicated to answer than if you're sticking around 5+ years. With your down payment, you could buy a sweet condo for say $250K ... more
0 votes Share Flag Thu May 28, 2009 Rent vs Buy in 05401
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