Does The Same Rule Apply For Land?
My husband and I have land that we want to sell and use for investing in houses. If we use all the money towards investing do we still pay capital gains?
If we do have to pay capital gains is it 15% from our profit. If so when is that 15% due? As you can tell Im just learning. Thanks for yout time!! :-D
Thank you for taking the time to anwser.
What type of exchange do I need to do? Are there any books that I can read to understand more or articles?
Thanks again
Thanks so much. I will check it out.