ST Alpha - "Nope. profits under $250,000 are exempt. Profits over $250,000 must be used in 2 years -- nm" (Reading a Post)

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In response to "STIS: Simple tax question" by Strongbad

Nope. profits under $250,000 are exempt. Profits over $250,000 must be used in 2 years -- nm

Posted by decline (aka Decline) Apr 17 '12, 11:42

(No message)

Responses:

Ah. Nice. Mrs.V was keeping all the receipts from the home improvements we've done over the last 5 years... - Ser Vermyn Apr 17, 11:45 1
- [deleted]
Unless he didn't live in the home for 2 of the past 5 years or had a sale in the last two years. -- nm - spamlet Apr 17, 11:45

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