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Updated about 7 years ago,

User Stats

29
Posts
4
Votes
Tim Burdette
  • Investor
  • Lexington, KY
4
Votes |
29
Posts

IRS Section 121 Changes

Tim Burdette
  • Investor
  • Lexington, KY
Posted
Are the changes to the IRS Section 121 still included in the tax plan? For those who don't know this excludes gains on the sale of a primary residence that was lived in for 2 of 5 years. The tax plan released earlier stated the exclusion would only be given for residences owned for 5 of 8 years. I really hope this portion of the tax changes is removed from the plan.

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