TxCowboy
Well-known member
This is a tax question that I'm researching but I thought I'd throw it out here for conversation.
For those that sold their SnB homes prior to going full time, were you able to apply the Capital Gains (proceeds of your home's sale that exceeded your home's purchase price) to purchasing a new RV and -- here's the important part -- avoid paying all or part of the Capital Gains Tax since the RV is now your primary dwelling?
Was talking to another RVer last night over a few beers and we're both just a couple of years away from doing the above.
Looking forward to your comments and insights on this topic!
For those that sold their SnB homes prior to going full time, were you able to apply the Capital Gains (proceeds of your home's sale that exceeded your home's purchase price) to purchasing a new RV and -- here's the important part -- avoid paying all or part of the Capital Gains Tax since the RV is now your primary dwelling?
Was talking to another RVer last night over a few beers and we're both just a couple of years away from doing the above.
Looking forward to your comments and insights on this topic!