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Updated almost 5 years ago on .
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People seem to misunderstand the 2/5 year rule here
Every other day I see it posted in a thread, even in response to some of my own. It's like people are hard of reading or just parrot what they hear someone else say in a single sentence on the forums, further spreading this misinformation...
The 2/5 year rule has it's limitations. You can't rent the house out forever and then move back into it for 2 years then expect a full capital gains exclusion. Even if you lived in it before, then rented it out for 6 years, then move back in. It is still pro rated based on qualified and non qualified use...