Sounds good but....we will be moving into another rental property that will have been rented for 2 years, then we sell and purchase a smaller home after living ...
If we rent it for two years, live in it for two years then rent it for three years then sell, the Full $550k is excludable and tax is due on all depreciation?
Thanks, Carl. This is exactly what I did for 2017 taxes. Wasn't looking for technical answer but tax answer. Since we will be moving again, we are trying to ...
We purchased the property in May 2015 and rented it immediately.We lived in a a home in Albuquerque which we sold in 2016, moved to our vacation property for on...
