House flippers beware: You can’t always sell your residence tax-free

My good friend Dave and his wife Linda got lost last weekend. They were following their GPS looking for a particular address when they ended up somewhere along a remote dirt road. “Dave, why don’t we just find someone and ask how to get where we’re going?” Linda suggested. Dave, like most normal men, believed that they weren’t all that lost. “I don’t want to stop to ask someone,” he replied. “We’re close – I’ll get us there.”

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