John M. asked

💰  Tax

If someone becomes mentally or physically incapable of self-care and moves to a facility, does converting their home to a rental property affect the 5-year residency period for gain exclusion from the sale of the residence?

June 18th, 2023

John P. answered

If an individual owns their principal residence but is forced to reside in a facility, they are cons...

June 18th, 2023

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