Spring Real Estate Investing 2011

Quiz: CNBC Quiz: Real Estate Investing 2011

Question 1 of 10

What is the maximum dollar amount of profit (capital gains) you can exclude from taxation on the sale of a primary residence?

  1. $250,000
  2. $400,000
  3. $450,000
  4. $500,000
Correct!

$500,000

Source: IRS