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Publication 523 PDF  Form

Publication 523 PDF Form

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Instructions and help about irs 523 publication

hello everybody welcome to talk about houses i'm todd i'm moana okay so today we're going to talk about the tax break that you get when you sell a house right primary residence but remember we are not cpas we do not give tax advice we do not give financial advice we're just basically paraphrasing what we saw on the irs website yeah so we're going to go over the the sort of details but we recommend that you actually consult a tax accountant because these are actually very complex rules there's a lot of exclusions we're going to talk in general about some of them just the expertise that we know through our having sold thousands of homes in real estate right having owned homes and sold them okay because these actually these rules have been around for a long time they have been around for a long time and this is something that you really have to plan in advance with your financial planner and tax advisor because they span multiple years and have all kinds of caveats so we want to make sure

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