There are three tests you must meet in order to treat the gain from the sale of your main home as tax-free: 1  Ownership: You must have owned the home for at least two years (730 days or 24 full months) during the five years prior to the date of your sale.
Crescent Springs is a city in Kenton County, Kentucky, United States. The population was 3,931 at the 2000 census. Crescent Springs is located at 39Â°3â²10â³N 84Â°34â²37â³W / 39.05278Â°N 84.57694Â°W / 39.05278; -84.57694 (39.052711, -84.577058).
Crescent Springs ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Kentucky. See peer rankings below. The primary coordinate point for Crescent Springs is located at latitude 39.0546 and longitude -84.5777 in Kenton County. The formal boundaries for the City of Crescent Springs (see map below) encompass a land area of 1.5 sq. miles and a water area of 0.02 sq. miles. Kenton County is in the Eastern time zone (GMT -5). The elevation is 823 feet.