Investors & landlords


@Shaghdan10 wrote:

I've owned my house for 22 years and used it as my primary resident for 18 years.  For the past 4 years I've rented the house and planning to sell.  Do I qualify for Capital gain exemption?


No (unless some exception is applicable).

 

Otherwise, you must have owned the home and used the home as your principal residence for at least 24 months out of the previous 5 years.

 

See IRS Publication 523: https://www.irs.gov/publications/p523#en_US_2022_publink10008996