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Old 11-14-2019, 11:53 AM   #66024 (permalink)
Chula Vista
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Join Date: Oct 2014
Location: SoCal by way of Boston
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Originally Posted by YorkeDaddy View Post
Interesting to keep in mind. However the area we are moving into is growing tremendously and home values are skyrocketing. Our $180,000 home sold for $130,000 just 8 years ago! They did a lot of updates but that's still a huge jump in price
We bought our home in 1998 for $172K, right before the bubble and then subsequent 07-08 crash. Fortunately things rebounded and we sold early last year for $490K - when all was said and done me and Linda each walked away with $140K tax free cash in our pocket.

I can't stress enough about finding a good tax person. You just made the biggest investment you'll probably make in your life. Put it in good hand$.
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