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Principal Residences and Tax-Free ExchangesPrincipal Residences and Tax-Free ExchangesBy Jerrold Stern2006-04-18T05:00:00Ztierra-grande
Taxes
Taxpayers can avoid tax on up to $500,000 of gain when selling their principal residence. Yet, all gain is taxable if the residence was acquired during the previous five years as part of a tax-free like-kind exchange. The 2005 Tax Act clarifies the conditions under which such gains are taxable. Digital and Print1774https://www.recenter.tamu.edu/articles/tierra-grande/principal-residences-and-tax-free-exchanges

 

 

Principal Residences and Tax-Free ExchangesPrincipal Residences and Tax-Free ExchangesTaxes
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