Greetings!
I’m an active duty military member who bought a house in San Antonio in 2008. We lived in it until 2012 when we got orders to Florida but kept it as a rental. Fast forward to 2019 – we actually got orders back to San Antonio and bought another house. There was a tenant in the rental, and they moved out in August 2020. We then sold it in November. What does this mean for my capital gains? As a military member, would I still qualify for the ten year extension even though I moved back to San Antonio? Whatever the answer might be, do the TurboTax algorithms account for this when I file?
Thank you!
Eric
