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re: Made money on a house they sold after 1 year?

Posted on 9/4/17 at 1:18 pm to
Posted by baldona
Florida
Member since Feb 2016
20623 posts
Posted on 9/4/17 at 1:18 pm to
quote:

decided about 9 months later they didn't like it and sold it within a few months and made money


quote:

they don't even close on the house they sold until Oct 1st


So which is it?

They probably don't realize they owe the realtors 6% and will likely owe taxes also since they sold it in under 2 years. Given that, why are you surprised at a house going up in value? They may have also gotten a good deal on the house.
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