Primary residence 2006-2020, then it was rental 2020-2024. Sold property 05/2024. Where to find the principal residence exemption calculation on the capital gains?
We owned the house for total of 14 years, of which it was a rental for 4 of those years. I do not want to pay capital gains on the full 14 year gain. Bought for 180, sold for 450
0288
2 Replies
TurboTaxSusan
Moderator
Feb 28, 2025 5:01:31 PM
Are you using TurboTax Desktop or TurboTax Online?