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Section 121 IRS
The Principal Residence Exclusion (IRC Section 121)

This report draws on the provisions of Internal Revenue Code (IRC) Section 121, known as the Principal Residence Exclusion, detailing the eligibility requirements, exclusion limits, and specialized applications for homeowners and real estate investors. I. Overview of the Principal Residence Exclusion The Principal Residence Exclusion (IRC Section 121) is recognized as one of the most […]

121 - resources - More Info November 9, 2025 No Comments
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