4 ms·
This is not true at all. You need to live there for 2 of the past 5 years to claim your $500k capital gains exclusion. Otherwise the normal short-term/long-te
by TomVDB 8y ago
This is not true at all.
You need to live there for 2 of the past 5 years to claim your $500k capital gains exclusion.
Otherwise the normal short-term/long-term capital gains rules apply.
https://www.thebalance.com/sale-of-your-home-3193496 https://www.thebalance.com/sale-of-your-home-3193496