Real estate tax break hinges on wife’s primary residence

Couple needs $500,000 exemption to escape taxes
Published on Sep 12, 2005

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by CareyBot

DEAR BOB: I really related to that movie, “The 40-Year-Old Virgin,” as I was 36 years old when I got married in May (although I was not a virgin). My wife moved into my home, which I wisely bought when ...