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).
Madison County is one of the fastest growing areas in Kentucky. It is rich in heritage and history. The County is unique in that it has two incorporated cities, Richmond and Berea. The County sits below Fayette County with the Kentucky River as its border. Madison County is a blend of urban, suburban and rural environments. It is a rapidly growing county enjoying both residential and industrial growth. As a tourist site, the County offers many attractions.