The homeowner’s principal residence tax exemption is one of the few places in the IRS code that an owner can qualify for tax free sale. Understanding who and when you can qualify for the $250,000 or the $500,000 homeowners exemption is always a part of the selling process.  
Today I interview Don Pyne , CPA from Pyne, Waltrip, Decker & McCoy, to tackle some of todays most common questions from homeowners.  Questions such as who qualifies for the exemption? How does the surviving spouse rule work? How long you can rent your property for before you would lose your exemption?  These are just some of the questions we discuss in today’s video.