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Old 02-05-2014, 06:14 PM
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Capital gains on selling foreign property

My mom, a US Citizen who resides here in the US, inherited a condo in Taiwan.

She plans to live there for the next 2-3 yrs and then sell it.
Can this condo be treated as her primary residence and benefit from the $250K cap gains exclusion for selling one's primary residence?

Thanks.



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