Hello! We inherited a house really close to our own home and plan to move there eventually. We would like to make it possible for our daughter to move back to the area. We have owned our current home 25 years, she grew up here. We don't plan to charge FMV rent, just cover living expenses. If she stays in our home indefinitely, will we be required to pay Capital Gains? It is my understanding we can only allow her to stay up to 3 years prior to selling if we don't want to pay CG - which would be A LOT! This area has become almost impossible to afford, otherwise I would say she could eventually purchase it, or nearby in same school district.
