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November 16, 2022
Question

Selling 1 house, buying another house

  • November 16, 2022
  • 1 reply
  • 0 views

I will be selling my house in early 2023 and buying a house in another state. I have lived in current house for 27 years. After selling current house is there a requirement to buy next house within a certain time?

    1 reply

    Employee
    November 17, 2022

    There is no tax advantage or requirement to buy another home in any specified time frame. 

    November 17, 2022

    Thank you for the quick and informative reply.