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Deductions & credits
Thank you.
Would you please confirm one more?
So, the 5 years doesn't get reset from the date of my first home sale date?
As an example, May, 2022: the first home sale. Owned the second home from 2019 and lived 4 months in 2020, then living at the second home since July 2022. Can I sell the second home in May 2024 and get the primary home sale tax benefit? or should I sell it after July, 2024?
‎January 8, 2024
6:01 PM