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michaelfarmer



Joined: 27 Oct 2008
Posts: 4

Posted: Wed Nov 12, 2008 6:21 pm    Post subject: Home Sale Question  

Can someone explain how capital gains works when selling your home? If I sell prior to living in my primary residence for 2 years, I am subject to it? Any info would be appreciated.
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liverichly



Joined: 10 Feb 2005
Posts: 199
Location: Orange County, CA

Posted: Thu Nov 13, 2008 8:50 pm    Post subject:  

http://taxes.about.com/od/taxplanning/qt/home_sale_tax.htm
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