Capital gains tax

Help me understand how capital gains tax works. First time home buyer. We purchased 4 months ago and my husbands job is moving him to another state. We see in a hot market and know we can sell for more than we bought. What are the pros and cons of selling it vs renting it out. Help?

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Help me understand how capital gains tax works. First time home buyer. We purchased 4 months ago and my husbands job is moving him to another state. We see in a hot market and know we can sell for more than we bought. What are the pros and cons of selling it vs renting it out. Help? submitted by /u/Educational_Coast_17 [link] [comments]

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