@Cavachon1 true as long as you meet the other eligibility criteria ( 2 years ownership for at least one filer, 730 days of usage as main residence -- for both filers -- with a look back period of five years from the date of sale closing) and no exclusion claim in the preceding two years. Also the sale must cover whole property , e.g. in the case of one building with two separate units ( one used as residence and one for rental), the whole building must be transferred for this reg to apply.
Does this make sense ?
Is there more one of us can do for you ?
