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chicagoerin

capital gains question

chicagoerin
16 years ago

Hello-I am thinking of selling my home that I have owned for 2 years. I will likely make a minimal profit, if any. My question is this...there is 65k equity that I will have access to if I rent. I would like to invest it. Is there a limit to how long I have to reinvest in a new home before I am taxed? Thanks!

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