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CGT-free main residence exemption when you own two homes

CGT-free main residence exemption when you own two homes

by PTAM | Mar 14, 2016 | Accounting, Capital Gains Tax, Taxation

It is generally accepted that an exemption to capital gains tax applies to the family home, or “main residence”, and the main residence exemption usually applies for only one home at any given time. But there is a rule in the tax law that allows for a taxpayer to have...

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