How long do you have to be in a house before you sell?
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Works at Square, Lives in San Francisco, CA
In the 5 years prior to the sale of the house, you need to have lived in the house for at least 24 months in that 5-year period. In other words, the home must have been your principal residence. You can use this 2-out-of-5 year rule to exclude your profits each time you sell or exchange your main home.Oct 11, 2011
2023-06-21 09:00:22
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Julian Wilson
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In the 5 years prior to the sale of the house, you need to have lived in the house for at least 24 months in that 5-year period. In other words, the home must have been your principal residence. You can use this 2-out-of-5 year rule to exclude your profits each time you sell or exchange your main home.Oct 11, 2011
