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).
Commonwealth of Kentucky Morgan County. Morgan County, Kentucky, was established in 1822 from Floyd and Bath Counties. Prior to and after the Civil War, four counties were created from it. It was named for General Daniel Morgan, a hero in the Revolutionary War. Wells Mill was the first settlement in the county and was named for Edmund Wells who began operating a water mill on the Licking River in 1816. In 1823, the county seat of West Liberty was established. Morgan County is located in the foothills of the Cumberland Mountain Range and is characterized by beautiful rolling hills and wide valleys along the Grassy, Blackwater, Elk Fork and Caney Creeks as well as the Licking River Valley.