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10-13-2015, 10:06 AM

mikeh

Junior Member

Join Date: Oct 2015

Posts: 2

sell of home

I have lived in my home just over 1 year and would like to sell; my tax person (not a CPA) said i could claim a 'one-time capitol gains' break and not have to pay the tax on any profit (profit is less than $50K). Is this true?

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