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Sell house to yourself?
#1
Let's say your house has appreciated close to the $500K married writeoff limit (I think capital gains when living 2 out of 5 years, or something like that).

Can you sell the house to yourself (or spouse) and restart the appreciation limit? Exactly what defines a home sale?

Has anyone else thought of this? And avoided fines and/or jail?

I tried to look up the subject but got way too many hits about FSBO stuff...
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Messages In This Thread
Sell house to yourself? - by MikeF - 05-22-2007, 02:58 PM
Re: Sell house to yourself? - by michaelb - 05-22-2007, 03:13 PM
Re: Sell house to yourself? - by tenders - 05-22-2007, 03:16 PM
Re: Sell house to yourself? - by AlphaDog - 05-22-2007, 03:21 PM
Re: Sell house to yourself? - by Ken Sp. - 05-22-2007, 03:22 PM
Re: Sell house to yourself? - by AlphaDog - 05-22-2007, 03:23 PM
Re: Sell house to yourself? - by bfd - 05-22-2007, 03:26 PM
Re: Sell house to yourself? - by Ken Sp. - 05-22-2007, 03:30 PM
Re: Sell house to yourself? - by RAMd®d - 05-22-2007, 04:23 PM
Re: Sell house to yourself? - by BigGuynRusty - 05-22-2007, 05:34 PM
Re: Sell house to yourself? - by MacMagus - 05-22-2007, 06:48 PM

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