Viewing a single comment thread. View all comments

psyco-the-rapist t1_j7h11h5 wrote

Are you talking about Federal capital gain tax? If so it has to be lived in for two years and be your primary household at sale and be under the 250/500 thousand threshold. Well it use to be like that. Not an accountant.

4

Slight_Awareness_769 t1_j7h8h5h wrote

That's different. He's gotta fork over 0.75-2.25% of the purchase price to the state of CT. Gain or no gain, pain

5

WonderChopstix t1_j7imtkv wrote

I actually wanted to look up the most recent rules. Have handy? I am lazy Isn't there an exemption if u buy a new one within a year of like kind

3