{"id":20169,"date":"2008-03-19T17:23:09","date_gmt":"2008-03-19T17:23:09","guid":{"rendered":"http:\/\/www.brownstoner.com\/?p=20169"},"modified":"2008-07-28T16:27:53","modified_gmt":"2008-07-28T16:27:53","slug":"capital-gains-o","status":"publish","type":"post","link":"https:\/\/www.brownstoner.com\/forum-archive\/2008\/03\/capital-gains-o\/","title":{"rendered":"Capital gains on sale &#8211; how long do you have to reinvest proceeds?"},"content":{"rendered":"<p>We are selling our apt but now are having title problems with the house we are planning to buy &#8211; so the house could fall through, but we&#8217;re probably going to go through with apt sale anyway.<\/p>\n<p>Question is: is there a time limit within which we have to invest capital gains into another primary residence? That is, if we don&#8217;t buy a house within 1 year, will be charged tax? Our accountant said this rule no longer exists, so we have no time limit &#8211; but I just wanted to double-check.<\/p>\n<p>Also, is the maximum deduction of profit (before capital gains tax kicks in) $500K for a couple? <\/p>\n","protected":false},"excerpt":{"rendered":"<p>We are selling our apt but now are having title problems with the house we are planning to buy &#8211; so the house could fall through, but we&#8217;re probably going to go through with apt sale anyway. Question is: is there a time limit within which we have to invest capital gains into another primary&#8230;<\/p>\n","protected":false},"author":3780,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"schneps_byline":"","schneps_post_style":"","schneps_post_source":"","schneps_syndicated_read_more":"","schneps_post_source_sitename":"","schneps_syndicated_thumb_html":"","schneps_syndicated_thumb_src":"","schneps_post_source_shortname":"","schneps_post_source_url":"","schneps_post_source_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[],"tags":[],"districts":[],"class_list":["post-20169","post","type-post","status-publish","format-standard","hentry"],"acf":[],"parsely":{"version":"1.1.0","canonical_url":"https:\/\/brownstoner.com\/forum-archive\/2008\/03\/capital-gains-o\/","smart_links":{"inbound":0,"outbound":0},"traffic_boost_suggestions_count":0,"meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Capital gains on sale &#8211; how long do you have to reinvest proceeds?","url":"http:\/\/www.brownstoner.com\/forum-archive\/2008\/03\/capital-gains-o\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/www.brownstoner.com\/forum-archive\/2008\/03\/capital-gains-o\/"},"thumbnailUrl":"","image":{"@type":"ImageObject","url":""},"articleSection":"Brokers","author":[{"@type":"Person","name":"housesearcher"}],"creator":["housesearcher"],"publisher":{"@type":"Organization","name":"Forum Archive","logo":""},"keywords":[],"dateCreated":"2008-03-19T17:23:09Z","datePublished":"2008-03-19T17:23:09Z","dateModified":"2008-07-28T16:27:53Z"},"rendered":"<script type=\"application\/ld+json\" class=\"wp-parsely-metadata\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Capital gains on sale &#8211; how long do you have to reinvest proceeds?\",\"url\":\"http:\\\/\\\/www.brownstoner.com\\\/forum-archive\\\/2008\\\/03\\\/capital-gains-o\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/www.brownstoner.com\\\/forum-archive\\\/2008\\\/03\\\/capital-gains-o\\\/\"},\"thumbnailUrl\":\"\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"\"},\"articleSection\":\"Brokers\",\"author\":[{\"@type\":\"Person\",\"name\":\"housesearcher\"}],\"creator\":[\"housesearcher\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"Forum Archive\",\"logo\":\"\"},\"keywords\":[],\"dateCreated\":\"2008-03-19T17:23:09Z\",\"datePublished\":\"2008-03-19T17:23:09Z\",\"dateModified\":\"2008-07-28T16:27:53Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/brownstoner.com\/p.js"},"jetpack_featured_media_url":"","print_hed":"","photo_gallery":[],"print_subhed":"","print_slug":"","syndication_thumb":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.brownstoner.com\/forum-archive\/wp-json\/wp\/v2\/posts\/20169","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brownstoner.com\/forum-archive\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brownstoner.com\/forum-archive\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brownstoner.com\/forum-archive\/wp-json\/wp\/v2\/users\/3780"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brownstoner.com\/forum-archive\/wp-json\/wp\/v2\/comments?post=20169"}],"version-history":[{"count":0,"href":"https:\/\/www.brownstoner.com\/forum-archive\/wp-json\/wp\/v2\/posts\/20169\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.brownstoner.com\/forum-archive\/wp-json\/wp\/v2\/media?parent=20169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brownstoner.com\/forum-archive\/wp-json\/wp\/v2\/categories?post=20169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brownstoner.com\/forum-archive\/wp-json\/wp\/v2\/tags?post=20169"},{"taxonomy":"districts","embeddable":true,"href":"https:\/\/www.brownstoner.com\/forum-archive\/wp-json\/wp\/v2\/districts?post=20169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}