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Old 04-17-2019, 08:38 AM
cjh-ohio cjh-ohio is offline
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Default Capital Gains question
I sold my home in Ohio Jan 2017 and bought in The Villages. Now I want to sell and downsize. Is it true that I may get penalized with capital gains taxes because I sold 2 homes in less than 2 years? My deceased husband built our home in Ohio, so it appears I made a lot of profit because there was little labor costs incurred.

Now I am hesitant to sell. Any advice?