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How can I determine if I am fully or partially eligible for capital gains tax exemption if I lived in a house I owned, rented it and moved back into?
I purchased and moved into a house in December 2005. In April 2010, I was unemployed and moved several hundred miles away for a job, at which time I rented out the house. I just moved back into the house in February 2019. I would like to sell the house. Am I eligible for a partial or total exemption of the capital gains tax? Is there any benefit to me staying in the house for 2 years, or more?
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‎June 7, 2019
5:09 PM