How can I keep my capital gains exemption even though I've been out of my primary residence for over 3?
years? I have a home that was used as my primary residence from April 2002 until December 2006. This December it will have been 3 years since we've been out of our house. We are currently renting it to a family member who is interested in buying it, but having a lot of trouble getting financing. It doesn't look like they will be able to get a loan by December.
Other than moving back into the house, what options do we have to keep our capital gains exemption, and sell the house to my family member?
Didn’t find what you were looking for? Ask a question!
Fair Housing and Equal Opportunity