$500,000 Tax Free Income and it is Legal

You can sell your personal residence and exclude up to $500,000 in gain on the sale of the residence if you are married and file a joint return. You can even get this exclusion every two years if you want to move that much and have a good eye for appreciable property. You do not have to reinvest the proceeds into a new home which was the rule about twenty years ago. What a good deal.