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Updated about 5 years ago,
Avoiding Capital gains tax
Hello friends,
What are the rules to avoiding capital gains tax?
I believe it’s a minimum of living in a primary residence for two years. But what about turning it into a rental after the 2 years?
My first house I house hacked and lived in for a little over two years as I fixed it up, I currently have it rented out and their one year lease is up in the summer. Can I still sell it and avoid the capital gains tax?
thank you in advance!