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Contributor

I'm looking to purchase a second home as a primary residence.  I'm currently considering to either sell my current home or keep it as an investment property.  If I decide to sell shortly after the purchase of my new home, would I be required to pay Capital Gain Taxes?

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Good afternoon, pep1018! That's a great question. Unfortunately, USAA is not licensed to offer tax advice. I would recommend reaching out to a licensed tax advisor to get the most accurate information. Please let us know if we can help out during this transition! Have a great night. -Meredith