U still need to file it but

you can exclude $250K gain from the sale of your real property.

see the website:

http://www.irs.gov/publications/p523/ar02.html#d0e573

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Thank you -三鲜豆皮- 给 三鲜豆皮 发送悄悄话 (0 bytes) () 03/10/2006 postreply 12:54:57

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