Generally,a full exclusion of gain under Sec.121 upon the sale of a personal residence applies to only one sale or exchange every
A)six months.
B)year.
C)two years.
D)five years.

Name: Generally,a full exclusion of gain under Sec.121 upon the sale of a personal residence applies to only one sale or exchange every A)six months. B)year. C)two years. D)five years.
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The full exclusion of gain under Sec. 121 upon the sale of a personal residence applies to a maximum of one sale or exchange every two years.

Generally,a Full Exclusion of Gain Under Sec