4 ms·
You can generally exempt $250,000 of profit from a house, $500,000 if you're married
by patmcguire 13y ago
You can generally exempt $250,000 of profit from a house, $500,000 if you're married
- malandrew 13y agoThat strikes me as blatant financial discrimination against single people.
- patmcguire 13y agoWell, I assume the rule is if you file jointly, or if the deed is in both names. So it's $250,000 a person up to a limit of 2.