How are capital gains figured when selling a home?

Tips and Deals Forums Buying Your Home Buying Your Home How are capital gains figured when selling a home?

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      Anonymous
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      My brother and I will inherit my father’s home upon his passing. We will sell it per his will and divide the profit. His will states it should be sold within 18 monthsw. That’s not written in stone. It may take longer to sell especially at today’s market. How is inherit tax calculated and what does a short term and long term mean

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