Submitted by SprayBubbly2506 t3_yiflx0 in personalfinance
SprayBubbly2506 OP t1_iuie8qi wrote
Reply to comment by BringItBoy in Will I have to pay capital gains tax? by SprayBubbly2506
is that true even if this is our first home, so we have never used the exemption before?
BringItBoy t1_iuiem3n wrote
Yeah you need to live there for 2 years before you do. I guess its to tax home flippers and people like that.
SprayBubbly2506 OP t1_iuier37 wrote
got it! thank you!!!
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