Principal residence necessity: The regulation helps you to exclude the cash in on your taxable money assuming that the home was your Key home (you lived in it for 2 in the five years main up for the sale, and you did not now claim an exclusion on One more house in the final two years). Our editor

Main home requirement: The regulation enables you to exclude the take advantage of your taxable income providing the house was your Key home (you lived in it for 2 in the five years major up into the sale, and you also did not currently assert an exclusion on One more residence in the final two year

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