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Wed Jun 18

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DLO posted to the Tax Strategies board. 12:31 PM

Short term/long term capital gain

My son bought a foreclosed house Sept. 2013 to fix up and sell.
He is in the 15% tax bracket.
He is hoping to have a gain on the house, so would he be better to hold it for one year and one day?
Is the gain he would make on the house [more]

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