Excluding gain on sale of residence


C

Craig

If I met the two-out-of-five year requirement, can I exclude
the gain (250,000/500,000) on the following scenerios:
1. Build a swimming pool (or guest house etc) completed the day before the
sale.
2. Add a second floor doubling the square-footage of the
dwelling completed the day before the sale.
3. Raise the entire dwelling and rebuild on the same site
completed the day before the sale.
4. Raise the entire dwelling and rebuild on another site
located somewhere else on the same property completed the
day before the sale.

Thanks...jcs
 
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