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Deductions & credits
No. The sale of land adjacent to your home qualifies for the home sale exclusion if all of the following apply:
- the vacant land is adjacent to land containing your home
- the sale occurs within two years before or two years after the date of the sale of your home
- you owned and used the vacant land as part of your main home, and
- your use of the vacant land satisfies the two-year ownership and use rule.
‎June 4, 2019
4:05 PM
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