by socaltyperdude on December 1st, 2006

socaltyperdude

Question

Help answer this question below.

I am bldg. a new home on a lot. is it better I initially rent the house/hold it to exceed the 1-yr tax time
frame to avoid sht-term cap gains? or, sell ASAP and
reinvest profit within one year to avoid any cap gains?

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Answers. 1 helpful answer below.

  • by Anonymous on December 2nd, 2006

    Anonymous

      It would be better if you took some remedial English classes so that you could learn to spell and write well enough to post a question here that others can read and understand.

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You're reading I am bldg. a new home on a lot. is it better I initially rent the house/hold it to exceed the 1-yr tax time frame to avoid sht-term cap gains? or, sell ASAP and reinvest profit within one year to avoid any cap gains?

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