Welcome Guest. Register Now!  

LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 12-30-2014, 03:09 AM
Junior Member
Join Date: Dec 2014
Posts: 1
House Sale

I've lived in my house 6 months with my wife but I plan on selling before the 2 year mark. Do the old rules still apply in which we would be fully exempt from capital gains tax if we use the profit to buy a new and more expensive home? I understand how the new rules work but do the old rules still apply as well? Thanks.

Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
House Sale Reno98 Capital Gains 0 11-21-2014 11:57 AM
Sale of inherited house TRSUMM Capital Gains 0 04-12-2011 06:11 PM
House sale Jward1 Income 1 03-02-2011 09:13 PM
Sale of house - was rental, then primary home joespnet Homeowner Tax 0 07-31-2009 05:16 AM
Capital Gains Tax - House sale FC Taylor Capital Gains 1 02-17-2009 10:07 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 » Income
 » IRA/Sep
 » Medical
 » Payroll
Forum for CPAs
Financial Planning