What are the ownership and use tests for excluding the maximum gain on the sale of a

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What are the ownership and use tests for excluding the maximum gain on the sale of a personal residence? Under what circumstances may the owner of a personal residence exclude gain if the required ownership and use tests are not met?

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Taxation For Decision Makers 2014

ISBN: 9781118654545

6th Edition

Authors: Shirley Dennis Escoffier, Karen Fortin

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Question Posted: Mar 22, 2016 03:44 AM

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What are the ownership and use tests for excluding the maximum gain on the sale of a

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The personal residence must be the primary residence of the taxpayer the taxpayer or the taxpayers s...View the full answer

Taxation For Decision Makers 2014

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