Randomly came across this in searching for some info -- I'm wondering if in this example the capital gains from the primary home affect the tax rate for capital gains in the rental property. In short, if i sell two home in one year will my capital gains tax for the rental property be adversely impacted by the additional gain in my primary home sale? Or does the 500k exemption (married filing jointly) mean it is completely spared from any calculation.
Thanks to anybody who has an answer!
