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Home loans
@NCperson wrote:....she may not able to meet the 2 year ownership requirement until 2 years after the deed is back in her name.
Note that the 2 years (out of 5) do not have to be consecutive.
See Section 1.121-1(c)
...The requirements of ownership and use may be satisfied during nonconcurrent periods....
May 27, 2023
7:49 AM