David Posted February 26, 2008 Report Share Posted February 26, 2008 I want to confirm that if someone meets all the other requirements for the $250K gain exclusion for the sale of their primary residence, that even if they sold a house for more than the amount paid for their new home, that they still get the exclusion. Thanks. Quote Link to comment Share on other sites More sharing options...
lbbwest Posted February 26, 2008 Report Share Posted February 26, 2008 I want to confirm that if someone meets all the other requirements for the $250K gain exclusion for the sale of their primary residence, that even if they sold a house for more than the amount paid for their new home, that they still get the exclusion. Thanks. Thank you, I needed to laugh out loud!!! :rolleyes: Quote Link to comment Share on other sites More sharing options...
Pacun Posted February 26, 2008 Report Share Posted February 26, 2008 Yes. If you qualify for the exclusion, the IRS doesn't care if you live under a bridge ever after or you move in with your in-laws. Quote Link to comment Share on other sites More sharing options...
OldJack Posted February 26, 2008 Report Share Posted February 26, 2008 Lets play nice guys! You might hurt my feelings. Quote Link to comment Share on other sites More sharing options...
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