I am trying to understand the qualification of my home sale from Capital Gain excursion.
I have a house in NYC where I lived from 2009 until August 2022 then as of Sept, I have moved to NJ, updated Drivers license, file NJ state tax as residence. The home has been used as a rental starting Nov 2022 and I just ask the tenant to vacant the home. (lets assume they are gone by Dec 2024) In order to claim this as a primary home, do I have to close the sales of this house by August 2025? Or do I have the ability to treat this home as a primary home from Jan - Aug 2025 since I no longer rent it out and use for per personal purpose. Also the home is 10 mins from my husband's work. Does it provide qualification as a primary home? We still fly as NYC non residence since he works out of NYC.
