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If it was your main home for at least 24 months during the last five years, you will owe no tax (the first 250,000 of profit is exempt). Unless you get a 1099-S you don't even report the sale on your tax return.
If it was your main home for at least 24 months during the last five years, you will owe no tax (the first 250,000 of profit is exempt). Unless you get a 1099-S you don't even report the sale on your tax return.
What if we didn't like in the house since 2010 and we don't have the paperwork from when we bought it in 1984?
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