Home Ownership

The Tax-Excluded Home Sale

If you've ever watched high-end home flipper Jeff Lewis on his television show Flipping Out, you may find it curious that someone who is such a neat-freak would be willing to live for months on end in a massive construction zone while he renovates his latest flipping project.  One possible reason he may be willing to do this is a benefit in the tax code for the sale of a home used as a primary residence...

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