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Home Selling in Kingston : Real Estate Advice

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Activity 6
Wed Oct 19, 2016
sue boden asked:
Tue Jul 30, 2013
Louis Wolfson answered:
The two out of five rule does apply.

The two out of five rule states that you must of lived in the home 2 out of the last five years in order to qualify for the capital gain tax exemption for homeowners. It also lets those that have rented for 2 out of those five years and owned it for a day. ... more
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Mon Jul 15, 2013
Heath Coker answered:
If 3 people own anything together, why would all 3 not be required to agree to sell?

(Please note: when you choose an answer as a Best Answer, or at least give a thumbs up, it helps those who answer questions here.) ... more
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Wed Jun 27, 2012
Mikel DeFrancesco answered:
Sure... happens all the time if there are estate situations. Just let the closing attorney know how you want it paid out and they can arrange it.
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