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Budget & Savings

Capital gains on sale of primary residence

A friend of ours said her sister sold their primary residence but were worried about getting hit with the capital gains tax. According to her they learned that if the seller is over 65 the capital gains tax is not payable. Is this correct or were the...
KEP3 10-27-2018 03:07 PM
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Budget & Savings

Capital gains on sale of primary residence

A friend of ours said her sister sold their primary residence but were worried about getting hit with the capital gains tax. According to her they learned that if the seller is over 65 the capital gains tax is not payable. Is this correct or were the...
KEP3 10-27-2018 03:07 PM
1
Reply
0
Kudos
3338
Views

Budget & Savings

Capital gains on sale of primary residence

A friend of ours said her sister sold their primary residence but were worried about getting hit with the capital gains tax. According to her they learned that if the seller is over 65 the capital gains tax is not payable. Is this correct or were the...
KEP3 10-27-2018 03:07 PM
1
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0
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3338
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