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Essentials of Real Estate Finance - Chapter 1 Flashcards | StudBud
Essentials of Real Estate Finance - Chapter 1
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In order to qualify for $500K exemption from captial gains tax on sale of home, couple must've
A
lived there aggregate of two years out of past five years.
B
never used the residence as a retnal property.
C
lived there the two years prior to selling.
D
live there two years plus be at least 55 years old.
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