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Updated about 5 years ago,

User Stats

5
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0
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Michael Sandvig
  • Investor
  • West Des Moines, IA
0
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5
Posts

Requirements for proving primary residence 2 of 5 years

Michael Sandvig
  • Investor
  • West Des Moines, IA
Posted

hi all! looking for some guidance here. what proof does the IRS require to show that you lived in the home as your primary residence for 2 of 5 years? example: I bought a townhome in aug 2015, lived in it for just over a year until oct 2016 and began renting it out until moving back in feb 2018, treating as my primary residence for another year, until feb 2019 - if i sell before aug 2020 do i qualify for the capital gains exemption?

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