Forum Discussion
blctex
Apr 07, 2017Explorer
cmcdar wrote:
There is one more thing you may want to think about and that is If you sell your house and do not reinvest any money you gain on the sale you will be nailed with a capitol gains tax.
I have seen a number of folks end up renting out their home.
Way outside the 2 of the last 5 years. So all the money is mine and don't have to share. That being said it will be put away to grow for the retirement home, which will be a 45ft or so sailboat moving around the bahama's and Caribbean. Come on 10 yrs...
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