Gapital Gains
My wife and I are selling our house due to job transfer by her company..........when we sell our primary residance we suppose to net about 100k. Are we open to capital gains?.....we lived in the house over 2 yrs......... Thanks in advance for the advice.........
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you are both allowed an exemption of $250k each, if you lived in the property 2 yrs as primary residence.
enjoy your tax free profit!
Sanjosee.........Thanks for the info..........