Military orders change the rules of the game and eliminate the time period while gone.
The exemption requirements for military are as follows:
- You were called or ordered to active duty for an indefinite period, or a definite period of more than 90 days.
- You were serving at a duty station at least 50 miles from your main home, or you were living in government quarters under government orders.
- You are one of the following:
- A member of the armed forces (Army, Navy, Air Force, Marine Corps, Coast Guard).
- A member of the commissioned corps of the National Oceanic and Atmospheric Administration (NOAA) or the Public Health Service.
- A Foreign Service chief of mission, ambassador-at-large, or officer.
- A member of the Senior Foreign Service or the Foreign Service personnel.
- An employee, enrolled volunteer, or enrolled volunteer leader of the Peace Corps serving outside the United States.
- An employee of the intelligence community.
@n2padres You get the reduced capital gain for using it those 12 months. The rental depreciation allowed/allowable must be deducted from your basis. If you failed to take depreciation, you need to claim it. This is done outside of the program, here are Instructions for Form 3115.
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