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Financial Planning / Tax Strategies


Subject:  Re: Selling Expenses Date:  4/12/2013  2:17 PM
Author:  vkg Number:  118389 of 127613

Is this a personal residence you're selling?
Are you going to get the $250K cap gains exclusion anyhow?
If so, will you exceed that $250K? (500K if married?)

We will get most of the $500K exclusion. There is a some unqualified time. The selling price may exceed the exclusion and cost basis.
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