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Wrap-around Mortgage And Capital Gain Exclusion

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  • Wednesday, August 31, 2005 @ 09:07 PM EDT
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If I sell my primary residence after living in the house 2 yrs the past 5 yrs with wrap-around mortgage, can I apply 250K capital gain exclusion? I am not sure what are the requirements of capital gain exclusion other than living in the house for 2 yrs the past 5 yrs. Thx.
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  • InActive_Account
    InActive_Account31st August, 2005
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    Yes you can use your exclusion.

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