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Personal Residence Gain Exclusion
Автор: CFO Associates
Загружено: 2026-01-15
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Описание:
The Personal Residence Gain Exclusion is one of the most overlooked tax benefits for homeowners.
It lets you exclude up to:
$250,000 of capital gain if you're Single
$500,000 of capital gain if you're Married Filing Jointly
To qualify, here’s what you need to know:
You must have lived in the home for at least 2 years
Those 2 years must be within the last 5 years before the sale
It must have been your primary residence
With home values rising across the country, this could be a powerful way to keep more cash in your pocket when selling.
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