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Two houses on property:
What about homesellers exclusion?
Two unrelated people own a property as joint tenants with right of survivorship. Each has a separate house on the property. If the property is sold does each owner get a $250,000. captial gains forgiveness?
You don't say if they live in those two houses as main residences.  If they do, if they've had that co-ownership and occupancy for at least two of the five years before the sale, I'd say each of the...
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