Larry owned and lived in a home for five years before marrying Darlene. Larry and Darlene lived in the home for one year before selling it at a $$600,000$ gain. Larry was the sole owner of the residence until it was sold. Larry sold the home so they could move down the street into a newly constructed home. What is the maximum amount of gain that Larry and Darlene may exclude?

Multiple Choice

$$0$

$$250,000$

$$500,000$

$$600,000$