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What Counts as Use of Primary Residence Within 5 Years Prior to Sale?
Hi!
Suppose I closed on the sale of our primary residence on November 30 2022. This means that the 5 year period prior to the sale begins on November 30 2017.
On September 1, 2019, I started a new job well over 1000 miles away from this residence where I has been living since before November 30 2017. I worked in the new location there for a year until my wife joined me on August 1 2020. The house was subsequently rented out until we sold it.
Between September 1, 2019 and August 1 2020, however, I returned to live in the house for at least 28 days. 11 days in March, 2020, 12 days in May 2020 and 5 days in October 2019.
My question is, is my use of the house on these 3 occasions within the 5 year period before the sale of the house taken into account? Could this use of the property count as 3 months since it took place in 3 separate months?
I do qualify for a partial exclusion, since I met the criteria. Perhaps these stays can enable me to take the full exclusion?
Thanks
Kevin