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HardDrive HardDrive is online now
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Join Date: Apr 2005
Location: Columbus, OH
Posts: 18,240
Rolling over profits from home sale to new home? How long?

Once you sell your house, how long to you have to roll the profits over before you get hit with capital gains? I was under the impression it was 2 years.

Is there a Fed. website that says for sure?

Thanks.

EDIT: I have my answer. Thanks guys.

Here is the IRS doc:

http://www.irs.gov/publications/p523/ar02.html#d0e1939

Last edited by HardDrive; 01-06-2007 at 10:06 PM..
Old 01-06-2007, 09:14 PM
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