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re: Made money on a house they sold after 1 year?
Posted on 9/5/17 at 1:24 pm to Joeyk4
Posted on 9/5/17 at 1:24 pm to Joeyk4
quote:I did.
Made money on a house they sold after 1 year?
Bought a house in Florida with plans to be there long term. About 8 months later, a great work opportunity became available in Texas, and we sold the Florida home about 11 months after we bought it. I don't recall exactly how much we were able to net from it, but we definitely came out ahead, the home prices went up pretty substantially in that part of town in that 1 year, and we were able to get a great deal when we initially purchased it.
1
Posted on 9/5/17 at 6:04 pm to shel311
I doubt much was "made", selling for more than purchase price is plausable, recouping all expenses and showing a profit in that time frame is quite dubious barring extreme circumstances.
Lots of folks have quite different definitions when it comes to profit.
Lots of folks have quite different definitions when it comes to profit.
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