Agent

Elderly homeowners lose out on vacation-home tax break

Two-out-of-last-five-year occupancy requirement not met
Published on May 5, 2004

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by CareyBot

DEAR BOB: Please help us. We are in declining health and are no longer able to use our vacation home, which we have enjoyed for more than 20 years. But upon consulting our tax adviser, she says we will owe ...

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