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How often can you count a house as a primary? Ambiguity in IRS guidance…
How often can you count a house as a primary? Ambiguity in IRS guidance... Hi all, There a well-known rule that allows you to count an investment property as a primary residence for the purposes of capital gains, whereby it's a primary residence if you lived in it for any two of the most recent five years. However, the IRS states you can only take this deduction every two years, although it doesn't state how it is defi...
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