
Ask Paula: How Do I Make Sure I Don't Spend the Money I've Invested?
Afford Anything
00:00
Can You Help a Move?
Yoed is already living in his primary residence in wisconsin. So when he sells it, of course, he can get the capital gains exemption. Its not being used as a rental property. But then ed will go and live for at least two years in that second house. The rule sthat a person can enjoy the capital gains tax exemption on the sale of a property if they have lived in that property for two out of the last five years.
Transcript
Play full episode