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Selling 14m $ worth of property for 6m to avoid chapter 7 buyer will then lease- back the properties to seller with repurchase option 6m & interest . to avoid capital gains on 3m .Can the seller sell the property for 3m &loan3m.
by con on February 8th, 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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I am divorcing. We own a 40 acre Horse Ranch. The Ranch consists of 4 separate parcels. I will receive two parcels of apx. 5 acres each. I would like to liquidate the parcels ,and purchase a retirement home. How can I avoid Capital Gains Tax?
by Randy on July 28th, 2008
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I have owned my house for over 20 years; it has doubled in value. I buy another house, move into it & keep the first house as a rental. When I sell the houses, in 10 yrs, will I have to pay CGains in the full increase on the 1st hous
by jrr on August 21st, 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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You're reading I inherited property and lived there for 20+ years. It was worth about $50k at that time. I am about to sell it for $1.1 million. I am single. Is there a way that I can minimize my Capital Gains Tax? It is currently held in just my name.