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Investors & landlords
You probably need to talk to a tax attorney. One requirement, for the tax free sale (technically, exclusion of the capital gain), of your primary residence is that you must have "owned" and lived in the unit for a full two years (730 days, 731 with a leap year). One question, requiring a legal opinion, is did your two years of ownership not start until the legal conversion date.
‎July 31, 2021
4:28 AM