Can you show an investment property as your primary residence even if you have deducted appreciation?
Can you show an investment property as your primary residence even if you have deducted appreciation, and not pay taxes on the first $ 250,000 in gain, assuming you lived in it 2 of the last 5 years, and filing single?
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Answer by deb s
Only if you can show that it was the place you lived for the last 2 years before the sale.
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