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"Your house has doubled in value and now if you sell it you have to pay capital gains tax before you can buy an equally overpriced house in San Francisco." Tha
by moreorless 6y ago
"Your house has doubled in value and now if you sell it you have to pay capital gains tax before you can buy an equally overpriced house in San Francisco."
That is a maybe. If op bought another "qualifying" property, he will not have to pay capital gains.
- lisper 6y agoThat's only true for rental properties, not your primary residence. And yes, these are all nice problems to have. But even nice problems to have are still problems.