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Selling home, making a profit – better to pay off credit card debt or put money into new home?

April 26, 2017credit card debt Home money pay profit Selling

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Selling home, making a profit – better to pay off credit card debt or put money into new home?

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I have some credit debt left and I’m wondering if I should put the extra money I make from selling my home into the new house I’m purchasing or if I should go ahead and pay off the credit card debt. What is a smarter decision? A: Have you lived in it for at least 2 of the last 5 years? If so, there’s no capital gains tax from the IRS, and the money is yours to spend as you wish. I’ve bookmarked this site… http://debt.123thebest.info/credit_card.html Hope that helps.