AV1
Level 1

I am trying to figure out if a partial capital gain exclusion is applicable in this case:

TP Purchased a primary residence in Jan. 2001.  Lived in the residence until July 2005.  Moved due to military PCS and converted the residence to a rental property.  Never came back to the residence and sold in September of 2018. 

I accounted for the 10 year suspension period which took the "sale" date back to Sep. 2008.  The 5 year test period goes back to Sep. 2003.  TP does not meet the 24month residency requirement (short by two months).  Does a partial exclusion apply in this case?  If so, is work-related move would be considered the basis for the partial exclusion?

Thank you.

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