New treatment for second-home proceeds: partial gain from sale of principal residence.
Journal of Accountancy › Vol. 206 Nbr. 6, December 2008
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Summary
From The Tax Adviser
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Extract
New treatment for second-home proceeds: partial gain from sale of principal residence.
The 2008 Housing and Economic Recovery Act, enacted in late July, changes the rules for the partial exclusion of gain from the sale of a residence. For sales after Dec. 31, 2...
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