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Help answer this question below.
If we sell our rental property, what kinds of things do we reinvest in - can we reinvest in the house we live in - build a room on, etc.
by Anonymous on August 25th, 2008
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My fiancee and I both own our own homes. He plans on selling his and moving into mine. Will he have to reinvest his proceeds into another home to avoid the Capital gains tax and how long does he have to do so? He will make under $250K on the sale.
by Getting By on July 17th, 2008
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With only 105 days left of my three years allowed to rent, if I cannot sell my house before that date passes, can I move back into this rental and claim it as my primary residence, even if I already have one as my primary in order to avoid capital gains?
by Anonymous on July 8th, 2007
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My husband and his three siblings are going to sell property thay acquired from their parents when they died. Can they take their share and invest it back into their own home and keep from paying Capital Gains?
by Anonymous on October 17th, 2007
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I bought the home I live in 7 yrs ago for 400K, I will be selling for 800K. I am looking to reinvest but in multiple properties. One to live and a couple to rent. (Obviously a less expensive state to live in). How do I best protect as mu
by Fritz991f8c on August 17th, 2007
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You're reading I have two rental properties and both have mortgages on them. If I sell one property can I use the gains off that property to pay off the other investment property without paying captial gains.