I sold my house. How long do I have to replace it and postpone tax on the gain?

The general rule is that you can postpone paying tax on capital gains from the sale of a principal residence if you buy a new one within 24 months before or after you sold the old one, and if the cost of purchasing a new residence equals or exceeds the adjusted sales price of the old residence. The 24-month period can only be extended by various amounts of time for certain military personnel and taxpayers residing abroad.

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