How long do you have to own a home to avoid capital gains tax 2024?
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Works at the International Development Association, Lives in Washington, D.C., USA.
To claim the whole exclusion, you must have owned and lived in your home as your principal residence an aggregate of at least two of the five years before the sale (this is called the ownership and use test). You can claim the exclusion once every two years.
2023-05-17 00:39:32
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Oliver Brown
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To claim the whole exclusion, you must have owned and lived in your home as your principal residence an aggregate of at least two of the five years before the sale (this is called the ownership and use test). You can claim the exclusion once every two years.
