From:  Anonymous
Date:  Sat, 06 May 2006

Can a single person meet an exception to the rules for time to live in a principal residence if he or she develops a disability and needs to sell the home?

Answer

Date:  Wed, 14 Jun 2006

Hello,

Yes. The exception applies to health changes. (Internal Revenue Code Section 121(c)(2)(B).)

Good luck!
Mike Gray

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