Tuesday January 29, 6:00 am ET
George Saenz
Dear Tax Talk:
My husband and I were married Oct. 7, 2007. He was living 80 miles away when we got married and he took a new job in my city and we moved in together in December 2007.
Prior to moving in together, I sold my residence of 19 years. I paid $79,500 for it in 1989 and sold it for $589,000 in October 2008. During the years I owned it, I refinanced it several times to make home improvements. At the time I sold the home, I owed $238,000 on it.
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