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Introduction›Part I. Rulings and Decisions Under the Internal Revenue Code of 1986

Section 121.—Exclusion of Gain From Sale of Principal Residence

Internal Revenue Bulletin 2005-7 · 2026-10-03 edition · updated 2026-10-04 · United States

26 CFR 1.121–1: Exclusion of gain from sale or ex- change of a principal residence.

Guidance is provided on applying the exclusion of gain from the sale or exchange of a principal residence under § 121 of the Code and the nonrecognition of gain from the exchange of like-kind property under § 1031 of the Code to a single exchange of property. See Rev. Proc. 2005-14, page 528.

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▸Contents — Internal Revenue Bulletin 2005-7
Internal Revenue Bulletin 2005-7

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