Skip to main content

Timeline for capital gains tax on house sale

Current License: CC BY-SA 4.0

11 events
when toggle format what by license comment
May 11, 2021 at 12:11 answer added Craig W timeline score: 0
Apr 27, 2021 at 10:19 answer added mhoran_psprep timeline score: 2
Apr 26, 2021 at 23:14 history edited mhoran_psprep
edited tags
Apr 26, 2021 at 22:52 history edited user1201405 CC BY-SA 4.0
adding additional explanations
Apr 26, 2021 at 22:00 comment added DJohnM And capital gains on a principal residence in Canada are taxable if the owner is also a US tax person...
Apr 26, 2021 at 20:13 comment added Grade 'Eh' Bacon @yoozer8 Agreed - In Canada for example, you might be able to avoid any tax on the gain acrrued until after >1 year the house was rented.
Apr 26, 2021 at 19:55 answer added Orange Coast- reinstate Monica timeline score: 0
Apr 26, 2021 at 19:43 review Close votes
May 2, 2021 at 0:30
Apr 26, 2021 at 19:15 review First posts
Apr 26, 2021 at 21:19
Apr 26, 2021 at 19:14 comment added yoozer8 Where in the world is the house? Are the couple both citizens of that country, and/or residents for tax purposes? What other income do they have? The amount of the gain that is taxable (and what tax rate applies) will depend on the relevant tax laws.
Apr 26, 2021 at 19:10 history asked user1201405 CC BY-SA 4.0