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Rental Property Sale Captain Gain Tax
We purchased a house in 2008 and lived there as our primary residence until 2015. After that, we rented it out and recently sold it in 2024. The main reason for selling the rental property is our plan to move from the East Coast to the West Coast due to a job change.
Can we qualify for a partial capital gains exclusion on this sale? IRS Publication 523 is quite confusing, and any clarification would be greatly appreciated.
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‎January 25, 2025
4:24 AM