In article , (Patscga) wrote:
Not necessarily. If he makes the payments directly, it's not deductible for
either of them:

I assumed he wasn't stupid enough to do that.

Bad assumption. He's apparently taking a stupid idea quite seriously. Why
would you assume anything?


In the US, up to $250K in capital gain on the sale of one's principal
residence is exempt from capital gain taxes ($500K for a married couple
filing
jointly) provided that the taxpayer has used the home as his principal
residence for at least two years of

Everybody knows that.

Doesn't appear from your post that you did.