Simply own and live in the home for 24 months of the past 5 years from the date of sale, and receive a tax benefit of up to 250k of excludable capital gains from tax or 500k if married and filing jointly. 

At the time, I was married, thinking we’d have more kids, and maybe move my dad in as he ages.Well since then, I’ve gotten divorced, decided I’m one and done on kids, and switched jobs to have a longer commute.

Not married to NoVa but just a thought, I want to get tapped in a local network (DMV) for mentorship and h]guidance.

This form includes their name, address, and Taxpayer Identification Number (TIN).2.

Well... it turns out married life may not be married life by the end of 2023.  

In the past, smaller taxpayers such as yourself held a disproportionately higher audit risk since it's a lot faster to audit the little guy which makes their numbers look better.

What I mean is, it looks like as a married couple filing jointly we pay $0 in cap gains on first $94k, so could we use a strategy to pull out $94k in cap gains then 1031 the rest?

I started when I was married with 2 kids, and a full-time job, It was not easy when you have others who depend on you, and I was living paycheck to paycheckYou have time, so take advantage now if we can

Before that it was primary residence since January 2019.Do I need to sell it this October to avoid capital gains tax to qualify for 2 of last 5 years exemption for capital gains (up to 250K single, 500K married filing jointly)?

When I move out in Sept, get married, and fill my current room, I'll basically be breaking even after expenses and maintenance.