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Updated over 6 years ago,
home owner capital gain exclusion.
I have lived in my past primary residence for 13 years.
I am considering renting it out for a small period of time, then selling.
What are the rules for doing this.
If I lived in it for 2 years, of the past 5 before the sale takes place, do I still qualify for the exclusion?
So effectively. I moved out of the home on 6/11/2018. I could rent the home out for 3 years, then sell and I would still qualify for the exclusion.
Is that correct, based on today's law?