If you meet the conditions for a capital gains tax exemption, you can exclude up to $ 250,000 of gain on the sale of your main home. (hrblock.com)
While there are often generous exclusions allowed in terms of capital gains on the sale of a primary residence, the clock is always ticking; time is crucial. (mortgagecalculator.biz)
Under these rules, you might not be able to exclude gain on the sale of a main home that qualifies for the exclusion. (hrblock.com)