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Last Updated : May 30, 2024

Capital Gain Exclusion: Selling Old Primary Residence Converted into a Rental [Tax Smart Daily 051]

 

Learn about Section 121 and the $250,000 – $500,000 gain exclusion that you can get from selling your primary home that is converted into a rental.

Listen in to learn about:

  • Section 121 (Capital Gain Exclusion)
  • $250,000 / $500,000 exclusion from the sale of a primary residence
  • How to qualify for the Capital Gain Exclusion
  • The non-qualified use of a property

Subscribe to The Tax Smart Real Estate Investors YouTube channel for more answers to real estate tax questions!

 

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