You may want to refer to Section 121 of the tax
Discuss the how residence sales are treated under the tax law. You may want to refer to Section 121 of the tax
code and to the IRS publication 523. What are the requirements for it to qualify as a residence sale? What are the limitations? Why does the law provide this benefit to taxpayers? What if the taxpayer has more than one home, can 2 or more homes qualify? What is the 2-year rule all about?