A taxpayer is required to own and occupy the residence three out of the last five years in order to qualify for the exclusion.
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Q3: Leonard Longstreet owns a rental building with
Q4: fte requirements for replacement property under a
Q5: Nonrecognition of gain is mandatory regardless of
Q6: Taxpayers may elect out of the exclusion
Q7: fte exclusion on the sale of a
Q9: fte exlusion may be taken on a
Q10: Any excluded gain on the sale of
Q11: If a gain realized on the sale
Q12: Loss from the sale of a personal
Q13: Melvin Monroe reads in the newspaper that
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