by Anonymous on August 30th, 2006

Anonymous

Question

Help answer this question below.

I sold a piece of farm property. I have another farm and would like to build a house on it. Can I use the capital gain to build the house?

Answers. 1 helpful answer below.

  • by Paula Straub on February 6th, 2007

    Paula Straub

    Not without paying capital gains tax on the profits first.
    www.savegainstax.com

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