Second home sale and taxes

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Topic Author
HotRod140
Posts: 142
Joined: Tue Apr 15, 2008 12:24 pm

Second home sale and taxes

Post by HotRod140 »

Hi All,
If a person would to have sold a second home(not a rental)for a short term gain of $20,000. Can a stock sale loss of $5000, be used to offset some of the gain to make it $15,000. Thanks in advance
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