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Old 10-30-2005, 09:37 PM
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strandinthewind strandinthewind is offline
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Join Date: Feb 2003
Location: New York City
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Quote:
Originally Posted by macfanken
Tax free? I thought you had to own a home three years before it's tax free... or is it just two now?
The $250,000 Fed exemption per owner occupant kicks in after two years of owning and occupying - go to that site above and it pretty much spells it out.
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