I know if you sell your primary residence you don't have to pay capital gains on the first 250k gain. But what about me and my girl both own houses, each our respective primary residence. She sells her and moves in with me and we get married.
How does that work? Sell before or after getting married? The sale of her home will be a sizable capital gain and the tax would be enough to care about, but I can't imagine there's not some provision to allow for what I describe.
Thanks in advance.
How does that work? Sell before or after getting married? The sale of her home will be a sizable capital gain and the tax would be enough to care about, but I can't imagine there's not some provision to allow for what I describe.
Thanks in advance.