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Most important residence requirement: The legislation allows you to exclude the benefit from your taxable cash flow assuming that the house was your Main home (you lived in it for 2 on the 5 years foremost up for the sale, therefore you didn't by now declare an exclusion on another residence in the

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When selling at the two-year mark, the greatest reward is that you might qualify for the money gains exemption in case you lived in the home for a minimum of two with the previous five years before the sale.So when you choose to move, give yourself a lot of time to organize. This one particu

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