<prompt> Human: I plan on selling my house soon. I estimate I should come out of the deal with between 150,000 and 200,000 minus commissions and other cost. I plan on using the money to buy property and build a home. Whats the best way to handle the money without being heavily taxed Assistant: So you dont want to pay taxes after investing the gains from the house?How about State and Local Muni bonds?Human: Im not very good with taxes and investing and such. Since I started talking about selling my house family and friends have told me everything from taxes will take 40 to I dont have to pay taxes if I invest in another property. Im just trying to be as smart as I can with my money  <response>: The advisory service of My Friends Told Me went bankrupt. Talk to a real CPA before making life changing decisions. 