Aug 2017 - we bought condo
July 2018 - we moved out of the condo and rented the condo + same month we had a baby
July 2020 - we bought our house
Oct 2021 - we sold our condo
Also another reason to buy a house and then sell the condo was - since we had a second child, the small 3 bedroom condo with a home office was not sufficient for us. So that also convinced us to sell the condo and buy a single family house.
Please let me know if still qualify for partial of full capital gains exclusion.
Since we are filing the tax returns for 2021 and we are already late, can we for now just file returns and later file an amendment asking for exemption with this whole capital gains thing (if we qualify)?
