Capital Gain Eligibility
We are selling our home because we need to move closer to our recently divorced daughter. She and her two sons will be moving in with us after the divorce is final. We had the home built and moved in December 2021 so we will be in it less than 2 years. We will have probably have about $200,000 in capital gains from the sale. Will we be eligible for any of the capital gain exemption due to the circumstances?
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