You'll need to sign in or create an account to connect with an expert.
If there was at least 2 primary residence years within 5 years of the sale date, the home will qualify for the full gain exclusion on all of the gain but the amounts that you deducted for depreciation while the home was being rented out.
If there was at least 2 primary residence years within 5 years of the sale date, the home will qualify for the full gain exclusion on all of the gain but the amounts that you deducted for depreciation while the home was being rented out.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
scbreeves
New Member
jechols1992
Level 1
taxnightowl
Level 3
Av74O0OhzB
Returning Member
masda2600
Returning Member