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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Pogeu Mahone who wrote (137008)7/28/2008 11:07:47 AM
From: bentwayRead Replies (1) | Respond to of 306849
 
You can realize $250k cap gain tax free from the sale of a primary residence you have lived in for the last three years, $500k for married couples. If you then keep your income below taxable levels, you can go a long time while paying no taxes.

Not really feasible now in most places, but it was there for those of us on this thread in the early 2000's.