I HAVE A CASE THAT MY CLIENTS SOLD THEIR HOUSE OCCUPIED FOR 35 YEARS THEN THE LAST 5 YEARS THEY RENTED IT.  AFTER SELLING IT THEY BOUGHT ANOTHER HOUSE WHERE THEY ARE STAYING SAME YEAR.  MY QUESTIONS ARE: ARE THEY ENTITLED FOR THE EXCLUSION OF $250,000 EACH? AND HOW ABOUT THE EXCLUSION IN REINVESTING THE SALE OF THE PROPERTY?

I NEED HELP!

THANKS A LOT