Is it true that you have to own your home for more than 2 years or you have to pay high taxes on the profit?
I have owned my home for about a year and a half and I really need to get something bigger. I am positive that we can get more money out of it than what we paid because we have done many improvements. Someone told me that you have to own your home more than two years or have to pay really high taxes on the profit. I have never heard of this and was wondering if anyone knows if it is true or not.