@Mikeyraw721 wrote:
The correct answer is real estate exception on capital gains for first 500k in equity of sold property google it and im not an accountant so the rest of u are idiots if cpa and im a constant
The exclusion is $500,000 if you file a joint return with your spouse and meet the ownership test and the use test.
See https://www.irs.gov/taxtopics/tc701
