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posted May 31, 2019 7:41:28 PM

Do I have to claim capital gains when I sell my old house if I've been stationed in Germany for the last 6 years or can I roll the profits over to my new house?

I am a DoD Civilian, stationed overseas for the last 6 years.  I've owned the house almost 20 years, but decided to buy a new home when we came back.  Can I get the 2 years exclusion since I was stationed overseas with the US Army?  

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Level 9
May 31, 2019 7:41:30 PM

As a DOD civilian, you are not eligible for a capital gains exclusion on the sale of your house unless you otherwise qualify.  See IRS Publication 523, page 6, for exceptions to the 2 of 5 rule for members of the military, foreign service, and intelligence community.

https://www.irs.gov/pub/irs-pdf/p523.pdf


1 Replies
Level 9
May 31, 2019 7:41:30 PM

As a DOD civilian, you are not eligible for a capital gains exclusion on the sale of your house unless you otherwise qualify.  See IRS Publication 523, page 6, for exceptions to the 2 of 5 rule for members of the military, foreign service, and intelligence community.

https://www.irs.gov/pub/irs-pdf/p523.pdf