Re: If You Plan On Selling Your Home (913487) | |||
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Re: If You Plan On Selling Your Home |
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Posted by Dave on Mon Feb 27 09:09:36 2012, in response to Re: If You Plan On Selling Your Home, posted by GP38/R42 Chris on Mon Feb 27 08:04:38 2012. Chris, it's the gain that is taxed, not the selling price of the house. If they bought the house for $1M and sold it for $1.2M, there would be no tax on the gain. |