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Tag Archives: exclusion rule

What is the Tax Exclusion Rule for the Sale of a Residence?

Sandy Gadow

The Taxpayer Relief Act of 1997 has replaced the old Rollover Residence Replacement Rule, IRS Code Section 1034, which allowed you to avoid paying tax on your profit from the sale of a principal residence so long as you bought … Continue reading →

Posted in Buying, Selling, Taxes | Tagged exclusion rule | Leave a reply
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