Capital gain on house exclusion
I bought a house in one state in 2016, lived there full time then moved to another state in 2022. We have never rented the house or had any other real estate sales. We sold the house in 2023, for a 1m gain. The house was used continuously since I commuted to work in that state and the house is about a mile from my employment. We definitely meet the test of living in the house 2 out of the previous 5 years. I've received advice from a CPA that we can exclude the 500,000 from the gain, but the tax publication seems to require that the house be the primary residence at the time of sale. My CPA says that is not necessary. Our primary residence was the other state post-2022. Can we take the exclusion?
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