Subject:  Capital Gains
From:  Anonymous
Date:  Wed, 19 May 2004

I will have owned my home for two years on June 25, 2004. If I sell it on June 20, 2004, will I qualify for the exclusion for sale of a residence?

Answer

Date:  28 May 2004

No.

Good luck!
Mike Gray

We have more answers to frequently asked real estate tax questions! We also offer up-to-date information about new tax real estate tax developments in Michael Gray, CPA's Real Estate Tax Letter.

Subscribe to Michael Gray, CPA's Tax & Business Insight Name: Email: We respect your email privacy Powered by AWeber Email Marketing