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re: Suburban NYC real estate profit

Posted on 6/24/15 at 10:00 pm to GenesChin
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
42589 posts
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Posted on 6/24/15 at 10:00 pm to GenesChin
quote:
If he declares it his personal residence before selling, there is a capital gains loophole.


He'd have to live there for around two years (pretty sure it's two years)
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