Home › Forums › Closed Forums › Buying and Selling RE › Pigg advice needed on corporate relo › UCGal wrote:There’s a 250k
[quote=UCGal]There’s a 250k cap gains exclusion on owner occupied home sales. (which helped froth up the bubble.) ($500k for a couple)
I doubt you MADE $250K in 24 months in this market.[/quote]
IIRC that $250k is prorated if you’ve been in less than two years (eg if you were in a year, the max is $125k).
