Selling Your Home(S) : Tax Guide 404 (Series 400: Owners and Sellers)

On average, occupationally active persons will buy and sell between five and eight residences over their lifetimes. As they do so, current tax laws permit them to exclude from capital gain a large sum of money, regardless of age. In this heavily revised edition, a true tax professional explains how to accumulate tax-free money, while clarifying any preconceived notion concerning presale or postsale tax matters.