Updated over 6 years ago on . Most recent reply
Unique capital gains question
I have an interesting question: I've been thinking about selling a duplex I've owned for 6 years or so. I have moved in/out of it several times, and depending on which unit had a lease, I'd move into the vacant side. The question is; If I sold the property would I have to pay capital gains on the "investment" half since over the course of the last 5 years I've spent 2 years living on each side of the duplex?