Ephesians3-14
Level 8
12-06-2019
06:03 PM
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Sounds like your question might have been...
Husband bought the house before he was married, then got married and lived in the house for 11 months, at which time BOTH the husband and wife sold the home.
And you're asking whether they can take the full $500,000 exclusion since they both sold it (notwithstanding the fact that the wife only lived in the home for 1 year) Is that correct? If not, please elaborate on the facts.
Husband bought the house before he was married, then got married and lived in the house for 11 months, at which time BOTH the husband and wife sold the home.
And you're asking whether they can take the full $500,000 exclusion since they both sold it (notwithstanding the fact that the wife only lived in the home for 1 year) Is that correct? If not, please elaborate on the facts.