I don't know whether to ask this here but it is a tax issue. The house we own has increased in value over $250K. We are a married couple. The first concern I have is if something happens to one of us, do we have any grace period to be able to exempt the $500K, instead of just $250K ?The second issue is if we want to stay in this house and we pass the $500K mark on the gain in the value, are there any strategies for us, short of selling and rebuying the house ?thanksrad
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