Newsflash: Does anyone check on the 2 yr not living full time in rental?

I can’t remember the name or number but in order to not pay capital gains (California) you sell a property then buy a rental but can’t live in it full time for two years. Neighbors are already talking about living in full time second year. Not a narc just wondering does anyone even worry about following the rule?

Read more at https://www.reddit.com/r/RealEstate/comments/1cuhtox/does_anyone_check_on_the_2_yr_not_living_full/?utm_source=ifttt

Leave a comment