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Home > Money & Services > Taxes   »   selling a house after 2 years

 
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Old Jan 4, 2003, 08:55 PM
richchen92
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selling a house after 2 years

Hi,

If I buy a house and live in it for over 2 years and then sell it, do i need to pay tax on the appreciation? Or do I have to roll the equity gained into the basis for my next house.

-Rich

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