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question about house sell tax

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05-12-29 16:07操作
只看楼主AA分享不感兴趣
question about house sell tax

We just bought a house 3 month ago and now I have to sell my new house due to job transfer. Does anybody know if I need to pay any extra penalty tax for selling my house within 2 years of purchase? I am sure I won't gain any since I have to sell the house so soon. Thanks in advance!

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05-12-29 16:30操作
只看TAAA分享

There is no penalty. But you need to pay tax on any any real estate gain (selling price - purchasing price). In your case, you probably won't have much gain. You will lose $$ on paying all the fees to realtors.

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05-12-29 16:37操作
只看TAAA分享
I don't think there is a real estate tax if your house is less thant 500K...
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