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You will receive $250,000 from the sale of a family home. This sum represents your share of the proceeds after the transaction is finalized. The funds are likely tax-free if it meets the primary residence exclusion criteria (up to $250,000 for single filers). You should consult a tax professional to confirm any liability. Consider allocating the money toward financial goals, such as paying off debt, investing, or purchasing a new property. Ensure all legal and administrative steps are completed to transfer the funds securely.
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