To be allowed to exclude gain on the sale of a principal residence, the taxpayer selling the home must be using the home as a principal residence at the time of the sale.
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Q4: A taxpayer may be required to include
Q5: At most, a taxpayer is allowed to
Q6: Jacoby purchased a home in 2016 for $1,500,000
Q7: A taxpayer who sells a principal residence
Q8: When determining the number of days a
Q10: For tax purposes a dwelling unit is
Q11: A personal residence is not a capital
Q12: A taxpayer who otherwise meets the ownership
Q13: A married couple filing a joint tax
Q14: For determining whether a taxpayer qualifies to
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