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Subject:  Renting former primary residence Date:  6/15/2001  2:03 PM
Author:  mdmess Number:  51835 of 127613

My wife and I will be purchasing a new home. We are debating between selling our current home and renting it out. If we were to rent and sell sometime later down the road, would our gain be taxed as an investment gain or, because it was our primary residence for many years, would we still get the standard tax break?
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