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URL:
http://boards.fool.com/is-moving-back-to-home-for-1-years-to-satisfy-15971424.aspx
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| Subject: Re: Home sale gain exclusion | Date: 10/22/2001 8:00 PM | |
| Author: ptheland | Number: 54758 of 118626 | |
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Is moving back to home for 1+ years to satisfy the requirement of 2 of the last 5 years out of the question? It will take staying in the house 2 years to get the full exclusion back. The prior year of residency would be disappearing as each day of new residency is added. So the total residency time would not begin increasing until after the fifth anniversary of their move out of the house. Bummer. --Peter |
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