murphysranch
RVF VIP
- Joined
- Jul 9, 2020
- Messages
- 128
- Location
- Southern WA
- RV Year
- 2016
- RV Make
- Pacific Coachworks Fixer Upper
- RV Model
- 25RLS
- RV Length
- 28
- Fulltimer
- No
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There's a few strategies you can employ to manage your tax liability if you don't buy another residence in the first year.Capital Gains Tax on Home Sales
Capital gains taxes on real estate and property can be reduced when you sell your home, up to certain tax limits, if you meet the requirements.www.investopedia.com
Topic No. 701, Sale of Your Home | Internal Revenue Service
Topic No. 701 Sale of Your Homewww.irs.gov
Capital Gains Tax on Home Sales: How It Works, How to Avoid It - NerdWallet
If you sell a house you didn’t live in for at least two years, capital gains tax on real estate may apply. Here's how to avoid capital gains taxes on a home sale.www.nerdwallet.com