Home Buyers in Greensboro, North Carolina | 704-448-6679 | Buy Homes For Cash | 27408

Home Buyers in Greensboro, North Carolina | 704-448-6679 | Buy Homes For Cash | 27408
http://rmhbuys.com
Call Now: 704-448-6679

Members of the uniformed services, foreign service and intelligence agencies

Home Buyers in Greensboro, North Carolina | 704-448-6679

You can choose to have the five-year-test period for ownership and use suspended for up to ten years during any period you or your spouse serve on “qualified official extended duty” as a member of the uniformed services, Foreign Service or the federal intelligence agencies. You are on qualified extended duty when, for more than 90 days or for an indefinite period, you are:

At a duty station that is at least 50 miles from your main home, or
Residing under government orders in government housing

(36.104687, -79.812865)

This means that you may be able to meet the two-year use test even if, because of your service, you did not actually live in your home for at least the required two years during the five years prior to the sale.

Credits : https://turbotax.intuit.com/tax-tips/home-ownership/tax-aspects-of-home-ownership-selling-a-home/L6tbMe3Dy
Call Now: 704-448-6679
Home Buyers in Greensboro, North Carolina


Home Buyers in Greensboro, North Carolina | 704-448-6679 | Buy Homes For Cash | 27408