pk
Level 15
Level 15

Deductions & credits

@frank790628 , assuming  that what you are trying to achieve is  to avail yourself of the main-residence exclusion of capital gain from taxation  ( $250,000 for each qualified filer).

 

The requirements  for this are :     (a)   Ownership  -- at least one filer  ( for a joint return ) must have  owned the property  for two years;       (b)   Qualified Use --- each  filer must have used the property as his/her main residence  for a total of 730 days during the past five years  ( starting with the  date of sale  "closing" );   (c)  Time Limit ----  filers must not have used this exclusion during the last tow years  ( starting from the date of sale of the asset ).

 

Given the above  I do not understand your worry.  

As I see it , for property A ( bought in 2018 )     (1)   satisfies the ownership (  will be more than 2 years required )  ;    (2)  satisfies the USE requirement  (  sell in 2024, have been using as main residence for 730 days  during the intervening 5 years i.e. 2 years met  within a  five year window of 2024  and 2019 )  ;    (3)  you have not sold another main home during 2024 and 2022.

 

Does this make  sense ?

 

Is there more I can do for you ?