Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago,

User Stats

121
Posts
64
Votes
Tom Degroodt
Pro Member
  • Evans, GA
64
Votes |
121
Posts

Turning a rental property into a personal home (Capitol Gains ?)

Tom Degroodt
Pro Member
  • Evans, GA
Posted

My wife and I have had a buy and hold for 4 years.  Between improving the property and appreciation we will have a large profit if we sell it.  The home is comparable to our current personal residence.  My question is, if we were to move to the buy and hold and live in it for 2 years, would that relieve us from all capitol gains on the property if we sold it after that?

  • Tom Degroodt
  • Loading replies...