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Investors & landlords
Thanks for the reply. The reason to rent on and off is sometimes my family is going out for couple of months so I'd like to rent out in the vacant period and cover some expense, that's it.
Hmm this is new to me, not sure if this belong to "Nonqualified Use", I thought as longs as it's primary residence and met the 500K tax exemption criteria, I should be eligible, besides the depreciation recapture. If you are correct, it doesn't seem reasonable to rent out primary residence on and off now.
Please elaborate thanks!
‎April 8, 2025
12:32 PM