rayess007
New Member

Prorating Primary Residence Gain - Bought '2006 sold in '2017. Rented it 2016 and '17. Is some of my gain taxable, on top of the tax on the deprecation that I took?

This was our primary residence for 9 years, and rented for the last 2 years before i sold it last year. Do I only pay taxes on the deprecation  that i took for 2 years? How about the gain, do i need to do anything with that, since i qualify for the $500 K exclusion, as i met all the tests?