Updated 12 months ago on .
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capital gains on converting a two family to two condos and selling one
Hi all,
I have a two family which I am looking to convert to a two family and sell off one unit. The house has doubled in value since I bought it and I would likely sell one condo for a few hundred thousand more than I bought the whole house for. Does anyone know what I would pay capital gains on in MA?
Thanks in advance