Tax deferred college savings from sale of rental

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joeponcho

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Hello,
I am selling my rental property in Western NY. Is there a way to put that money away for my children's college fund w/out paying the Capital Gains Tax on it?
Joe
 
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kirby

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Not unless you go live in it for two years then sell it
 
K

kirby

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There is a British comedian who comes to America and asks the audience "So, Americans, how's that "no taxation" thing working out for you??"
 
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