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REAL ESTATE: Ratio to remember for tax break: 24 out of 60 (The Charlotte Observer)
Q. I heard that homeowners must now live in their homes at least five years, not just two years, to be able to claim the 0,000 home sale capital gains tax exemption. Is this true?

Swapping strategy cuts into tax bite (Sun-Sentinel)
John A. Hillerich IV recently helped his company make a big trade -- and hold off tens of thousands of dollars in taxes.

Property tax plan draws heated dissent (Missoulian)
HELENA - Representatives of accountants, real estate agents, title agents, ranchers and business groups accused the state Revenue Department on Thursday of usurping the Legislature's authority with a rule change it's proposed.

No need to live five years in home to claim tax break (South Coast Today)
DEAR BOB: I love your newspaper articles and free weekly e-zine on your Web site, but I heard that homeowners must now live in their homes at least five years, not just two years, to be able to claim the 0,000 home sale capital gains tax exemption. Is this true?

Business groups not pleased with proposed tax rule change (Billings Gazette)
HELENA - Business, real estate and ranching interests are accusing the state Revenue Department of exceeding its authority with a proposed tax rule change.

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