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Real Estate News - Homes For Sale

Saturday
Nov 22nd
Colleyville Real Estate - the taylormade team specialize in luxury home sales in Colleyville Texas.

Home arrow News arrow Latest arrow Qualifying for Tax Exemptions
Qualifying for Tax Exemptions

Q: DEAR BOB: My husband and I have been married and filing joint income tax returns for the 10 years we have lived in the house I bought in my name alone. His name is not on the title or the mortgage. We plan to sell the home in the next year. Are we eligible for the $500,000 tax exemption?

Read more ... http://www.washingtonpost.com/wp-dyn/content/article/2007/09/21/AR2007092100796.html?nav=rss_realestate.

 
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