Agent

Couple seeks $500,000 tax break in sale of wife’s home

But what happens if title is held in only one name?
Published on Oct 11, 2004

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by CareyBot

DEAR BOB: My wife and I are in a second marriage for each of us. We live in her house, which is in her name only. If we sell the house, would we be entitled to the $500,000 principal residence ...

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