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Author: scottfm Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121572  
Subject: Re: Capital gains on home sale Date: 7/28/2000 3:38 PM
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I understand about the two years, but what does five years have to do with anything?

I believe the way the rule works is that you must have lived in the house a total of 2 years within the past 5 years. Someone can correct me if I'm wrong on that one.

Doesn't look like you qualify for that timeframe.

Personally, I would stay in the house you're in. Is it worth paying the closing costs all over again so soon? Just my thoughts on the subject.

Good luck.
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