https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/rental-property-sale-previous-primary-residence/01/1378059#M48290 <P>I will be selling a rental property that I have owned for 30 years. The property was my primary residence for the first 6 years of ownership and has been rented out the last 24 years. Will I be able to exclude a pro-rated portion of capital gains related to the time I lived in the property?</P> Sun, 29 Mar 2020 20:21:14 GMT Mike_B 2020-03-29T20:21:14Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/rental-property-sale-previous-primary-residence/01/1378059#M48290 <P>I will be selling a rental property that I have owned for 30 years. The property was my primary residence for the first 6 years of ownership and has been rented out the last 24 years. Will I be able to exclude a pro-rated portion of capital gains related to the time I lived in the property?</P> Sun, 29 Mar 2020 20:21:14 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/rental-property-sale-previous-primary-residence/01/1378059#M48290 Mike_B 2020-03-29T20:21:14Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-rental-property-sale-previous-primary-residence/01/1378154#M48293 <P>No. You must have lived in the property as a main home for 2 of the last 5 years before the date of sale. Your property is strictly business property now.</P> Sun, 29 Mar 2020 20:37:07 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-rental-property-sale-previous-primary-residence/01/1378154#M48293 ColeenD3 2020-03-29T20:37:07Z