by Anonymous on July 31st, 2006

Anonymous

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We own a home that we have not lived in for 26 months but have had some friends staying in it and paying the mortgage. We are in missions and our housing is provided so our house is our only property. Will we still get hit with capital gains tax?

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Answers. 2 helpful answers below.

  • by Anonymous on July 31st, 2006

    Anonymous

    yes I live in the united states. we are looking to sell in the next couple of months.

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  • by larrymcjon on July 31st, 2006

    larrymcjon

    You need to tell us what country you live in, tax laws vary from place to place. But I'm guessing your house located in the United States -- you will NOT have to pay capital gains tax unless you sell your home.

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