Tag Archives for Property
Most people have no idea what their gain is going to be. Homes purchased as recently as just five years ago in some areas of the country have doubled and even tripled in value.
It’s okay to take temporary vacations. But the exclusion can be affected by certain circumstances. For example, if you take a cruise that lasts a month, it is undoubtedly a temporary vacation and shouldn’t affect your occupancy status with regard … Continue reading
There are some basic rules that must be followed in order to qualify for the exclusion.