Good Morning PF,
I bought a house in June 2016 for ~$440k and since then it has increased in value to ~$550k. Me and my wife have looking in to selling during this hot market in order to get some cash and buy another bigger place in a less trendy and expensive part of town. I have looked into it and all sources seem to say that I have to have lived in the house for 2 years to avoid paying capital gains tax. Is there any loopholes or ways to avoid paying capital gains tax so that I can put my house on the market before June 2018? Thanks in advance for your input
Submitted December 10, 2017 at 05:51AM by kaiborgler http://ift.tt/2BQnLBW
