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Updated about 7 years ago, 11/21/2017

User Stats

39
Posts
9
Votes
Rachid B.
  • College Station
9
Votes |
39
Posts

Capital gain tax 5 years rule question

Rachid B.
  • College Station
Posted

Hi everyone, 

I would appreciate if someone can answer this question for me.

I bought a house in Houston in March of 2012. We lived in it for two years and been renting it since.

I am selling my house next month which will make it 5 years and 8 months.

Can I qualify for exemption from capital gain tax?
Thanks in advance

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