36. during the most recent tax year, glenn sold his home 18 months after he purchased it....
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Question:
36. during the most recent tax year, glenn sold his home 18 months after he purchased it. however, he could still qualify for a portion of the current '121 exclusion even though he failed the two-year requirement since:
-he moved to a new place of employment 45 miles away from his old residence.
-the purpose of his move was to benefit his general health.
-he sold his home because he was retiring.
-he lost his job and was unable to make payments.
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