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Old 04-08-2014, 01:37 AM
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sold rental/ primary residence

I have a client who bought a house 30 years ago, for 40k refinanced in 2006,took out 477k, sold house in 2013 for 660k used the residence as a rental from 2009-2011 moved back in 2011 but continued to rent part of the house then sold in 2013. How should I treated, I know she can’t get the full 250k exclusion because she did use the property as a rental wrote off depreciation. Any help is appreciated



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