Posted by John K Haslach, CPA, MST on November 09, 2005 at 16:06:02:
If you lived in it for two years as your principal residence and as married filing jointly, the gain is not taxable to you.
avoiding capital gains - Posted by TONY
Posted by TONY on November 09, 2005 at 08:02:26:
IF WE SELL OUR HOME IN GA FOR OVER 600000 AND WE PAID FOR IT IN 425000 AND WE MOVE TO ANOTHER STATE DO WE HAVE TO PURCHASE A HOUSE IN THE 600000’S OR CAN WE PURCHASE A HOUSE FOR LESS WITHOUT PAYING CAPITAL GAINS?