Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
Buying & Selling Real Estate
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

User Stats

30
Posts
11
Votes
Kelly Moniz
  • Raleigh, NC
11
Votes |
30
Posts

Converting rental to primary residence avoid capital gains.

Kelly Moniz
  • Raleigh, NC
Posted

I am considering moving into one of my rental properties to avoid paying capital gains taxes. It is worth about 275k more than I have in it. I have rented it for the last 8 years. How long would I have to live in it to avoid paying capital gains tax at sell. I’m getting mixed answers. Some say two years, others say it will have to be prorated etc. would 5 years be the correct answer to avoid all capital gains taxes? I know it’s capped at 250k for single persons

Loading replies...