Legal Question in Real Estate Law in New York

how are the 5 years calculated towards capitol gains

when selling a home, is it tax returns


Asked on 6/18/10, 4:02 pm

1 Answer from Attorneys

Arnold Nager Arnold H. Nager, Esquire

You must have resided in the home for two of the five years prior to sale, not necessarily continuously.

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Answered on 6/20/10, 4:34 pm


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