There is a personal tax exemption if you lived in your house as your primary residence to the past five years married couple can exempt $500,000 a single person can exempt $250,000. These amounts have not changed since the 1990s. But if you’re selling an investment property, there is no exemption | The Medicare Family
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There is a personal tax exemption if you lived in your house as your primary residence to the past five years married couple can exempt $500,000 a single person can exempt
The Medicare Family. . There is a personal tax exemption if you lived in your house as your primary residence to the past five years married couple can exempt $500,000 a single person can exempt $250,000. These amounts have not changed since the 1990s. But if you’re selling an investment property, there is no exemption
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