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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: y2kate who wrote (5208)9/11/2002 1:48:07 PM
From: ConanRead Replies (1) of 306849
 
Kate:

The capital gains tax exclusion on a residence you own for two years or more is $500K. Once your home gets to the point where it would sell for $840K or more you are at the point where any additional gains over that $500K would be taxed. Food for thought...

Conan
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