Quote:
Originally Posted by (JD)
Once I do sell the house I only have 2 years to reinvest the profit into another home or the government gets a chunk of it...
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I haven't looked at the tax rules for selling your house in the last ten years or so, but have they tossed out the rule that says you get one time in your lifetime to sell your house and not pay capital gains tax on the proceeds? It's meant to be for elderly people who are downsizing to not owning a home anymore.