arc918 t1_jebmcas wrote on March 30, 2023 at 8:49 PM Reply to Capital gains exemption on primary residence when selling before 2 years of ownership by downup25 The real question is now much potential gain are looking at after you factor in the expenses (real estate commissions, etc.) of selling the house? Sounds like you could likely qualify for a reduced exclusion under Sec 121. Permalink 1
arc918 t1_jebmcas wrote
Reply to Capital gains exemption on primary residence when selling before 2 years of ownership by downup25
The real question is now much potential gain are looking at after you factor in the expenses (real estate commissions, etc.) of selling the house? Sounds like you could likely qualify for a reduced exclusion under Sec 121.