Updated about 4 years ago on . Most recent reply
Selling house you house hack
Hi,
I am wondering if you house hack a house (single family and renting basement with separate entrance) and then sell the property and move into a new property that is also your primary residence, is the sale considered as a rental property or as a primary residence property. Is the only way to be exempt is through the 1031-exchange in this case or does it follow normal exemptions that couples can right off for capital gains?