Owner Occupied Property Tax question

Owner Occupied Property Tax question

Rental Property Investor · Rockwall, TX · Member since 2015 · 1 post · 0 votes

Hi BP, 

I have lived in a property until July 2015, then rented it since. If I want to take advantage of the capital gains tax exemption (must live there 2 out of the last 5 years), must I sell it by July 2018, or will I have until the end of 2018 to sell it?

Thanks,

Jana

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  • Real Estate Professional · West Palm Beach, FL · Member since 2012 · 23k+ posts · 13k+ votes
    8y
    Three years from the Day you moved out.
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