Is it possible to limit the length of a string?
However you cannot constrain a string variable to only accept n-character strings. If you define a string variable, it can be assigned any string.
How long do you have to live in a house before you can sell it?
The exclusion depends on the property being your residence, not an investment property. You must have lived in the home for a minimum of two out of the last five years immediately preceding the date of the sale.
How long do you have to live in a home to be excluded from capital gains tax?
The exclusion depends on the property being your residence, not an investment property. You must have lived in the home for a minimum of two out of the last five years immediately preceding the date of the sale. The two years don’t have to be consecutive and you don’t actually have to live there on the date of the sale.
How often can you exclude profits from selling a home?
You can use this 2-out-of-5-year rule to exclude your profits each time you sell your main home, but this means that you can claim the exclusion only once every two years because you must spend at least that much time in residence. You cannot have excluded the gain on another home in the last two-year period. 2
Is there a limit to how many homes you can own?
If you pay cash or work out private financing with the seller or a hard moneylender, there are no limits to how many homes you can own, as long as you can afford to make the payments and maintain the properties.
How long do you have to own a house before you can sell it?
To qualify for the $250,000/$500,000 home sale exclusion, you must own and occupy the home as your principal residence for at least two years before you sell it.
How long does a property line have to be in place?
They can do this by simply going about their business, treating the line as the partition between their properties for whatever time period is required by state law. The time required ranges from five years to 20 years.
Why are there restrictions on what you can do with your home?
As it turned out, the restriction was more than 50 years old and created by a neighborhood association that had long ago ceased to exist—and therefore couldn’t enforce it. I ended up closing the deal, but I had to consider all the dreamy-eyed buyers who longed to build their own home and were thwarted by rules—archaic or not.
