Answer:
$0
Explanation:
A single taxpayer like Myles, can exclude up to $250,000 in capital gains when selling their house if they meet the following criteria:
- have owned and lived in the house for at least 2 of the last 5 years ⇒ Myles only owned and lived in the house for 18 months, so he doesn't qualify.
- you can only use this exemption once every 2 years
I don’t know I would look it up
Answer:
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