i recently sold a piece of property that i had owned for several years. can i take these proceeds and pay off my home and not hav e to pay captial gains tax
Country relating to Question: United States
State (if USA): North Carolina
i live in florida now but the property was in North Carolina.
I could not do anything to the
property for enviromental reasons
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unfortunately, no, since each transactions stands alone, and the capital gains from one property can not be offset by appying towards another properties loan
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