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Author: shortamzn One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121351  
Subject: Re: Reconversion of rental prop to main home Date: 3/18/2000 10:15 PM
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From reading the examples that followed the exception you noted in Pub 527, I interpret this to mean that your living in the house from Feb 1999 to Dec 1999 will not qualify toward the 2 out of 5 year occupancy test for excluding $250,000 capital gain ($500,000 MFJ) on the home. Can one of the TMF gurus confirm this? Pub 527 seems one of the most confusing to me.
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