Cap gain tax. - Posted by Todd

Posted by Todd on April 01, 1999 at 13:53:57:

Hello all,
I’m Getting ready to sale a rehab property that I’ve had for close to two years. I would like to avoid capital tax on this property. I’ve heard that if you hold a property for two years you can avoid or you can take a one time exemption. Any truth to either of these tactics?

Thanks for the help.