Yes, if you live in the house for 6 years you can claim the full exclusion for any gain you have when you sell the house. The exclusions is up to $250,000 if you are filing as Single or $500,000 if you are filing as Married Filing Joint.
Tax Aspects of Home Ownership: Selling a Home
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
