orovalleyaz
Returning Member

Get your taxes done using TurboTax

Hi, NCperson:

Thank you for replying my question. What you told me was what I thought that I could get the capital gains exclusion since I had lived there for 4 years before I rented out for one year from Aug 2017 to Sept 2018. But my accountant told me since the house was managed by a property management, I am not qualified for the capital gains exclusion. I just wondered if he gave me the wrong information. I would like to figure it. I might have to find another accountant for my tax return if what he said was wrong. I would appreciate if you can clarify it with me. Thank you.