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Old 01-19-2007   #12 (permalink)
jwp0077
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Join Date: Mar 2002
Location: Minnesota
Posts: 198
Quote:
Originally Posted by mexcj
you have to live in the home for over 2 years and have a FM2 when it's time to sell. Any advise?
I believe the current restrictions on foreigners to use the capital gains exclusion require that you live in the property for 5 consecutive years and have a valid FM2. Check with a notario (maybe several of them) to get the best advice.
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