- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
Thank you @Mike9241 - So the 730 days would not be based on the purchase of this current home but rather the sale of the other home. And if so, what does the 90% mean? Does that mean that I would have no capital gain tax up to 450K?
@Carl I am not so worried about the next property not starting until May 26th because we will stay in that one long term. I am worried about the fact that I am selling this house May 25th 2023 because I moved in May 24th 2021 (hence 2 years) but there was a sale of another property that was previously my primary home for 5 years that occurred July 30th, 2021. And I can't find a definition of primary home ownership.
‎January 23, 2023
8:37 PM