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Tax, SDIRAs & Cost Segregation

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Elex Price
  • Investor
  • Dallas, TX
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22
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Tax on Sale of Primary Home?

Elex Price
  • Investor
  • Dallas, TX
Posted Jun 26 2017, 15:03

I close on the sale on my Primary Residence this week. My question is will I be tax on the sale and if so what's the rate? 

I lived at this residence for about 4 year. I did some research and came across Topic 701 on IRS website but I am not sure on the specifics. If any one is familiar with this area feel free to shed a little light for me. Thanks...

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