Tax deferred college savings from sale of rental

joeponcho · Dec 10, 2013

Hello,
I am selling my rental property in Western NY. Is there a way to put that money away for my children's college fund w/out paying the Capital Gains Tax on it?
Joe

kirby · Dec 11, 2013

Not unless you go live in it for two years then sell it

joeponcho · Dec 11, 2013

Thanks. Boy the Gov't really has a noose around our necks!

kirby · Dec 13, 2013

There is a British comedian who comes to America and asks the audience "So, Americans, how's that "no taxation" thing working out for you??"

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Tax deferred college savings from sale of rental

joeponcho

kirby

joeponcho

kirby

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