How much time after selling a house do you have to buy a house to avoid the tax penalty?.

Question

asked Jan 5, 2023 3.6k views

2 Answers

Manuel Zapata · Answer 1 · 2023-01-06T11:05:22+0000

law allows what is known as a 1031 exchange, you have to close on a new property within 180 days after you close the sale on your old property