TaxGuyBill
Level 15
03-03-2022
03:50 PM
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If it was NOT a main home AFTER a period of not being a main home, yes, it would qualify.
In other words, (1) it they bought it, (2) immediately made it their main home, (3) rented it out AFTER it was a main home and (4) did NOT make it their main home after it was rented, it would qualify.
The exclusion does not cover the depreciation.