Partial real estate tax break granted for the right reasons

Some owners can't hold out 2 years before selling
Published on Oct 30, 2006

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by CareyBot

DEAR BOB: If my partner and I sell our jointly owned home, will we owe capital gains tax if we sell before owning it for two years? We will probably each make about $50,000 profit –Gina B. DEAR GINA: The ...