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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: GraceZ who wrote (42541)10/3/2005 11:08:10 PM
From: David JonesRead Replies (1) of 306849
 
>>>They can get around the big tax hit when they sell if they move back in (need to live in it 2 years out of 5) before they sell it or do a like exchange to another rental property.<<<<

If they've been in their first home five years. Then don't they have three years after they moved out to still take the 250/500 with adjustments for the income and expenses from their x home used as a rental?
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