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One of rules to claim a primary home sale is "live 2 years out of the last 5 year". "When does the 5 year start when I sold a primary home 2 years ago?"
Was the 5 years reset as I sold a primary home 2 years ago?
As an example, I lived in the second home for 4 months, 4 years ago and I started to live there 2 moth after I sold another home two years ago.
Can I use the 4 months I lived as a part of the "5 years"? or The 5 years reset after my first home sale? (So, I have to wait another 2 months since the first home sale because the 4 months I lived 4 years ago cannot be used)
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‎January 8, 2024
5:35 PM