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Timing of when can I sell another primary home
I sold a primary residence in Sept of 2020. I paid no taxes as the gain was less than the $250/500k limits.
Now I'd like to sell another primary residence that I have lived in for more than 2 of the last 5 years.
Question is, to meet the once every two year requirment, must I wait until after Sept 2022 to sell? or can I sell now and take the deduction in the 2022 taxes. It's a little unclear on the exact rule.
Thanks
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March 28, 2022
9:12 AM