Talk of The Villages Florida - View Single Post - Capital Gains question
Thread: Capital Gains question
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Old 04-17-2019, 08:57 AM
CWGUY CWGUY is offline
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Originally Posted by cjh-ohio View Post
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?
Don't ask here! Ask a TAX EXPERT!