gk
Level 5

Hi,

My client purchased a 2 family home in 2018.  He occupied Unit #1 with his wife and kid.  Unit 2 was  used as a rental unit on Sch E. He sold the house in 2022. How should i take the home sale exclusion for primary home and how can i show the capital gain for the investment part. How do i allocate the amount? Pls advise

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