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Reply to "How to avoid capital gains tax on house sale"
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[quote=Anonymous][quote=Anonymous]Pay the tax. If market tanks, you can pick up great stocks 50-60% off. Once it turns around, you will double your money. Bull markets last under a year. I argued with several family members about selling two properties. They wanted top dollar while I wanted the money out. Meanwhile, my stocks and crypto did 8x and 4x in 2023-2024. They ended up selling for what I had told them the home was worth a year later. Still waiting for the cash. Good that market crashing again.[/quote] If you want to speculate on the market, you can get a loan. It's great for you thay you made money speculating, but every dollar you made came from someone who tried the same thing but lost. [/quote]
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