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Deductions & credits
Ok, so in plain language, are you saying I have to own the home for 5 years? We have owned and lived in the home for the two years, come this May, so the way I understand it we would qualify for the exemption and we would want to close on the sale close to or after the original date we bought the house, correct?
Also, what are the rules for CA taxes?
‎December 7, 2021
6:41 AM