So, if you did use a home office in your home, exclusively for business, and then you don’t want to have to face the capital gains consequences, when you sell, you would need to stop using that home office for business purposes for at least two years. How did they get around? Like, I mean, can they move back in?
What’s kind of the trick there.
Then yes. If you have a, let’s say you live in one home and you have another one that is a rental property and you’re facing a large capital gain. What you’d want to do is move back into that other homes that that was your rental property and live there for two years. And then you avoid the capital gain.
