Property Tax Nerds
Confused About Taxes and Property ?Revenue Account, Capital Account, Capital Gains Tax, Main Residence Exemptions, ohhhh why is it not simple ?Well that's where the Property Tax Nerds come to the rescue.We try to make Property and Taxes simple.
Property Tax Nerds
Sold my Main Residence but Had Used it As a Rental Property
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Michael Armstrong
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Season 1
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Episode 1
I frequently get asked what happens when I sell a property that was my main residence but I previously rented it ?
What are the capital gains tax implications ?
Can I reset the cost base to the date when I moved into the property ?
Find out the answers in this podcast.