To Be Allowed to Exclude Gain on the Sale of a Principal

question 13

True/False

To be allowed to exclude gain on the sale of a principal residence, the taxpayer selling the home must be using the home as a principal residence at the time of the sale.

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Definitions:

Hind Limbs

The pair of posterior limbs found in various vertebrates, functioning in locomotion, support, and in some species, manipulation of objects.

Mammary Glands

Specialized organs in mammals responsible for producing milk to nourish newborns, a key trait for the class Mammalia.

Hemagglutinin Protein

A surface protein found on influenza viruses that facilitates their entry into host cells by binding to sialic acid receptors.

Vaccinated

The state of having received a vaccine, which induces an immune response to protect against specific diseases.