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Im_A_Director t1_j6losdd wrote on January 31, 2023 at 5:09 AM

Reply to comment by majortom300 in I'm considering selling my home, renting for a year, then buying my second home in order to avoid some of the stress of trying to sell and buy at the same time. Is this a bad idea? by youAtExample

If the home has been owned for more than 2 years, there is no capital gains tax on the first $250,000 for single house hold owners and $500,000 for married owners.