I bought a second vacation home and want to sell it for a huge profit, is there any legal way to avoid paying capital gains tax on a non-primary residence?

Question

Kohari Gonzalez Oneyear & Brown · Accepted Answer

A sale of a second home can raise capital gains questions that often depend on how long the property was owned, whether it was ever used as a primary residence, and how much of the gain is tied to improvements, depreciation, or prior personal use. In many cases, the tax treatment also turns on wheth For an answer applied to your exact numbers, bring this question to a licensed KGOB CPA in a focused session and leave with a clear next step.