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Updated over 2 years ago,

User Stats

302
Posts
163
Votes
Robert Reynolds
  • Real Estate Agent
  • Los Angeles, CA
163
Votes |
302
Posts

Own 2 Primary Homes, and Want to Sell Both

Robert Reynolds
  • Real Estate Agent
  • Los Angeles, CA
Posted

Let’s say you live in a house for two years, then rent it out for two years and live in another house for two years. 

Can you sell the first house and get the home owners exemption of $500k for the first house?

Can you then sell your current house and also get that same tax exemption on gains? 

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