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Strategies & Market Trends : Value Investing
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To: Peter Dierks who wrote (20950)3/24/2005 10:45:02 AM
From: Suma  Read Replies (1) of 78594
 
As a married couple you could take $ 500.000 without paying tax on a property IF it has been your primary residence for the last two years before selling.

That means you could make a profit up to that amount and not pay tax on it. Great for investors who are married and or whose spouse allows the other to do it.
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