Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.


Messages - KMB

Pages: [1]
1
General Discussion / Re: Selling house-capital gains tax?
« on: September 29, 2017, 10:52:45 AM »
We did. Thanks Keith. You just saved us about $60k!

2
General Discussion / Re: Selling house-capital gains tax?
« on: September 06, 2017, 03:11:31 PM »
Hi Keith, another question with the same topic.

I built some condominiums and have been living in one since November of 2015. I left this condo in my LLC's name until May of 2016, then switched it into my personal name (and my wife's. I was the only owner of the LLC) to avoid the non-homestead penalty. I am planning on moving in November of 2017 and taking the full capital gain exception. Is this OK? I'm looking at an enormous cap gain that I'd really, really like to avoid...

Thanks and I am LOVING your blog!

Pages: [1]