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Investors & landlords
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
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March 21, 2020
5:32 AM