Hello,
First off, thank you for your time and respond. I'm wondering if I would receive some portions of capital gain exclusion due to my military status in the past. As far as I'm tracking, there is a vague IRS regulation regarding the military veterans in terms of capital gain exclusion.
When I was in the military, I purchased my property in May 2012 and lived until July 2015. I got out of the active duty in March 2018. It was my rental property until I sold that property in April 2022.
There was about $60K of capital gain. Are there any experts to provide some clear insights?
Thank you for your help.
Sincerely,
Josh
