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No. of Recommendations: 3
5 years as primary, then rent out for 3 years, then move back in for a year.

The way I am looking at this is that out of the last 5, the first year it was a primary, the next 3 as a rental, then the last year as a primary.

Yes?


Yes.

Don't make this harder than it is. It's really very simple.

On the date of sale, look back 5 years. Then answer two questions:
-During that 5 year time period, did you live in the house for at least 2 years (or 720 days)?
-During that 5 year time period, did you own the house for at least 2 years (or 720 days)?

If you can answer "yes" to both questions, you get the exclusion.

--Peter
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