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).
The original county seat was Trinidad, on the county's southwestern coast. In 1854 the county seat was moved to Crescent City, because of its larger population. But the western portion of the county was unrepresentative of the mining interests in the eastern portion of the county, and so, in 1856, the county seat was moved inland, to Orleans Bar, now Orleans. In 1857, Del Norte County, including Crescent City, was split off from Klamath County. The county's economy was never healthy after the gold rush. The area was contested with native American tribes in the 1855 Klamath and Salmon River Indian War and the 1858-1864 Bald Hills War.