The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: y2kate who wrote (5214)	9/11/2002 2:00:36 PM
From: Elroy Jetson	Read Replies (1) of 306849

if we married before I sold this house, would the 500K profit be free and clear? I don't honestly know for sure. Anyone know the details on this screwy law? A single person who has lived in a home as their primary residence for at least 2 of the last 5 years can avoid tax on $250k of the profit. If they marry before they sell the home can they avoid $500k? My guess would be yes as long as the new spouse lives there for two years as well. But you never know unless you look up the law, or already have. Does anyone know the answer to this?

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