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You get $500k in capital gains waived when you sell your house in California. You don't get that with GameStop stock
by rcpt 5y ago
You get $500k in capital gains waived when you sell your house in California. You don't get that with GameStop stock
- pkaye 5y agoDoesn't that exclusion also exist at the federal level? https://www.irs.gov/taxtopics/tc701 https://www.irs.gov/taxtopics/tc701
- TomVDB 5y agoThat’s for principal residence, not investment properties: https://www.nolo.com/legal-encyclopedia/the-250000500000-home-sale-tax-exclusion.html https://www.nolo.com/legal-encyclopedia/the-250000500000-hom....