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    #1

    Residence to rental

    Taxpayer purchased new home, but was unable to sell old home. Taxpayer turned old home into a rental for two years and now renter would like to purchase home. Could taxpayers exclude sale on prior residence/now rental? Taxpayer lived there for 2 out of last 5 years.
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    #2
    rental

    Yes.If he lived there 2 out of five can still claim exclusion must recapture depreciation taken.

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