downup25 OP t1_jealob5 wrote on March 30, 2023 at 4:56 PM

Reply to comment by trueworkingclass in Capital gains exemption on primary residence when selling before 2 years of ownership by downup25

Thanks for the reply.

I understand the standard two year rule. What I'm referring to are the unforeseen circumstances safe harbor that allows you to sell your house before two years and partially claim the capital gains exemption.

I've read online that a new job qualifies as an unforeseen circumstance, so I'm trying to understand if starting your own business similarly qualifies.