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Retirement tax questions
You can only claim the Home Sale Exclusion once every 2 years. Since you claimed it on the last home, it is not available for the sale of a 2nd home within a two year period. Some people elect to use a Like Kind Exchange to delay paying the tax or an Installment Sale. https://turbotax.intuit.com/tax-tips/home-ownership/tax-aspects-of-home-ownership-selling-a-home/L6t...
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‎July 26, 2023
11:44 AM