3. Convert Rental Property to a Primary Residence If you’re open and able to live in the home for two years before selling your investment property, you can avoid paying some or all capital gains tax on the eventual sale of your property. When you sell a primary residence that you have owned for more than two years, the IRS allows you to exclude up to $250,000 (single-filer) or $500,000 (filing jointly) in profits from your home sale. This is known as the section 121 exclusion. But when you purchase a house as a rental property, the rules for accessing that exclusion are a bit different. If you purchased an investment property through a 1031 exchange, you have to have owned the property for at least five years and must have used it as your primary residence for 24 out of the last 60 months at the time of the sale to qualify for the section 121 exclusion. If you didn’t acquire your rental property through a 1031 exchange, you may rent it out for a time, but you still have to live in it for at least two of the last five years before selling to qualify. Beyond those two years, there is no minimum length of ownership requirement. Here are answers to a few FAQs about this strategy for avoiding capital gains: You have to have lived in the home for two of the last five years. If you lived in it eight years ago, that doesn’t count. You have to have lived in the home for two full years (24 months). The 24 months of residence don’t have to be consecutive. You don’t have to be living in the home when you go to sell it. It can be a rental property at the time of sale. For those who are married and filing jointly, only one spouse must live in the property for the whole two years. This exclusion can only be claimed once every two years. Moving into your investment property could allow you to sell your current primary home right away. After two years, you can then sell your rental property and avoid paying capital gains tax on most, if not all, of the profit from that sale as well.
炫彩衣飞舞 发表于 2025-03-15 12:30 3. Convert Rental Property to a Primary Residence If you’re open and able to live in the home for two years before selling your investment property, you can avoid paying some or all capital gains tax on the eventual sale of your property. When you sell a primary residence that you have owned for more than two years, the IRS allows you to exclude up to $250,000 (single-filer) or $500,000 (filing jointly) in profits from your home sale. This is known as the section 121 exclusion. But when you purchase a house as a rental property, the rules for accessing that exclusion are a bit different. If you purchased an investment property through a 1031 exchange, you have to have owned the property for at least five years and must have used it as your primary residence for 24 out of the last 60 months at the time of the sale to qualify for the section 121 exclusion. If you didn’t acquire your rental property through a 1031 exchange, you may rent it out for a time, but you still have to live in it for at least two of the last five years before selling to qualify. Beyond those two years, there is no minimum length of ownership requirement. Here are answers to a few FAQs about this strategy for avoiding capital gains: You have to have lived in the home for two of the last five years. If you lived in it eight years ago, that doesn’t count. You have to have lived in the home for two full years (24 months). The 24 months of residence don’t have to be consecutive. You don’t have to be living in the home when you go to sell it. It can be a rental property at the time of sale. For those who are married and filing jointly, only one spouse must live in the property for the whole two years. This exclusion can only be claimed once every two years. Moving into your investment property could allow you to sell your current primary home right away. After two years, you can then sell your rental property and avoid paying capital gains tax on most, if not all, of the profit from that sale as well.
但真的不要当一辈子管房子的，到了一定年龄，投资房就是要卖出去，把钱拿到手再花出去，缴税就缴吧。为了不缴税，你也吃不到这投资房的增值。
把自住房出租，搬回投资房住两三年再卖。
没用，现在是按出租年数和自住年数的比例算免税额度，长期持有的出租房改自住，能拿到10万增值免税就不错了。
也琢磨过这个问题，好像没办法，除此之外还有11%左右的各项交易税，包括realtor 的6%，投资房看起来增值不少，去掉所有税和费用最后没剩什么
When you sell a primary residence that you have owned for more than two years, the IRS allows you to exclude up to $250,000 (single-filer) or $500,000 (filing jointly) in profits from your home sale. This is known as the section 121 exclusion. But when you purchase a house as a rental property, the rules for accessing that exclusion are a bit different.
If you purchased an investment property through a 1031 exchange, you have to have owned the property for at least five years and must have used it as your primary residence for 24 out of the last 60 months at the time of the sale to qualify for the section 121 exclusion.
If you didn’t acquire your rental property through a 1031 exchange, you may rent it out for a time, but you still have to live in it for at least two of the last five years before selling to qualify. Beyond those two years, there is no minimum length of ownership requirement.
Here are answers to a few FAQs about this strategy for avoiding capital gains: You have to have lived in the home for two of the last five years. If you lived in it eight years ago, that doesn’t count. You have to have lived in the home for two full years (24 months). The 24 months of residence don’t have to be consecutive. You don’t have to be living in the home when you go to sell it. It can be a rental property at the time of sale. For those who are married and filing jointly, only one spouse must live in the property for the whole two years. This exclusion can only be claimed once every two years.
Moving into your investment property could allow you to sell your current primary home right away. After two years, you can then sell your rental property and avoid paying capital gains tax on most, if not all, of the profit from that sale as well.
这个有坑，不止2-3年
啊？以前听说最近5年有两年自住就可以按自住房卖………
是吗？那对自住很久转出租的利好啊
这里也没说proportion 啊？
过时的信息，2007年之后就要按比例了。
Good point.