R
rubydoodle
Guest
What is the name of your state?
South Carolina
We have refinanced our primary home in SC to buy a condo in TN. We are selling our lot in a private campground in TN that we bought for $6,000 and will sell for around $30,000. We plan to use that money on the principle of our primary home mortgage. If so, will we have to pay capital gains?
South Carolina
We have refinanced our primary home in SC to buy a condo in TN. We are selling our lot in a private campground in TN that we bought for $6,000 and will sell for around $30,000. We plan to use that money on the principle of our primary home mortgage. If so, will we have to pay capital gains?