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San Diego Homes – San Diego Realtor Q & A A few of the best reasons to buy San Diego Homes
	Q- If I sell San Diego Real Estate that is my principal residence can I qualify for the Capital Gains Exclusion? A- In most cases, YES. The Principal Residence Exclusion or as I like to call it “The Best American Give Away” is one of several extremely large incentives for buying a San Diego Home given to us by the federal government. When you sell a home that is your principal residence you can get up to $500,000 tax free per couple or $250,000 per person with qualifying conditions and it only gets better, this benefit can be used over and over again since it is not a one time exclusion.
The property must be a principal residence. Both spouses must have lived in the property during ownership for two of the last five years. It gets even better, an individual or couple who cannot meet the two year ownership and occupancy requirement may still be able to qualify for a pro-rated portion of the exclusion. Unforeseen events can also allow you to qualify for the exclusion early: - Change in employment, job relocation. - Change in health or age related problems. - Death or Divorce. - Natural or man-made disasters I challenge you to find another investment with this type of profit exclusion.
Of course you will need to consult with a San Diego Realtor and a tax professional before buying or selling Real Estate since your financial, personal, and tax situation may be different. Home Buying Tax Tips \| Century 21 Award Realtor \| Discount Tax Points Search for San Diego Homes San Diego City Schools: School Site Boundary Lookup
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San Diego Homes – San Diego Realtor Q & A

San Diego Homes – San Diego Realtor
Q & A