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Trades urge preservation of capital gains exemption
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Industry News
Wednesday, December 13, 2017
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The American Land Title Association, RESPRO, Mortgage Bankers and eight other trade organizations submitted a letter to Sen. Orrin Hatch, (R-Utah), chairman of the Senate Committee on Finance, urging the committee not to change the ownership qualification period for the exclusion from capital gains on the sale of a principal residence to five out of the last eight years. Read on for more details.
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