My understanding that if I sell my primary house than I owe capital gains tax on any gains beyond $500k (if Married Filing Jointly). I also tax loss harvest my investment losses. Does anyone know if these losses also offset the capital gains from a home sale?
Thanks!
TLH and capital gains due to home sale
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Re: TLH and capital gains due to home sale
yes, no problem.
Re: TLH and capital gains due to home sale
Thanks FiveK and carminered2019!