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  1. M

    Capital Gains on Real Estate

    @curiouswalrus The appreciation from the time OP bought the condo until the time OP moved in would be capital gains. Any appreciation after the date they moved in would be exempt. There are appraisers who do this type of evaluation and would be able to calculate these values.
  2. M

    Capital Gains on Real Estate

    @drasticmeasurements Capital gains exemptions only apply to your principal residence, and only for the time that you actually live there. Moving into the condo today will only stop you from paying capital gains on increases that happen after today. It will not change anything in regard to the...
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