Robert purchased his home on 1 July 2000. he lived in the home for two years and
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Question:
Robert purchased his home on 1 July 2000. he lived in the home for two years and then was posted overseas for eight years, during which time home until it was sold on 30 June 2013.
Requirement: advise Robert as to whether he will be able to use the main residence exemption.
Related Book For
Business Math
ISBN: 978-0133011203
10th edition
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
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