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Get your taxes done using TurboTax
Correct. Selling your home that you have lived in at least 2 years in the past 5 years has nothing to do with the purchase of another home/residential condo for tax purposes.
What you are worried about is either very old information about buying and selling a home. Or, it is confusion about a legal option to exchange properties. But that does not apply in your circumstance.
‎April 14, 2025
10:10 AM