GotApex? Forums - View Single Post - relocating to CHICAGO...help me think through my housing options

Markel · 10-02-2009, 08:37 PM

A few years back if you sold your house you only had a number of months (something like 18) to purchase another house or you would face capital gains on the difference between the purchase and selling price of your house (minus costs for improvements). I'm not sure if that's still the case, but if it is it would make buying another house a more attractive option.

10-02-2009, 08:37 PM	#35
Markel Chief of Naval Operations Join Date: Feb 2001 Posts: 11,733	A few years back if you sold your house you only had a number of months (something like 18) to purchase another house or you would face capital gains on the difference between the purchase and selling price of your house (minus costs for improvements). I'm not sure if that's still the case, but if it is it would make buying another house a more attractive option. __________________ stay low... keep moving...