What happens to my capital gains exclusion if I rent out my Cumming home?

Renting out a Cumming home can reduce or eliminate your eligibility for the home-sale capital gains exclusion, since the IRS requires the home to have been your primary residence for a set portion of the years before the sale. A period of rental use before selling can also trigger depreciation recapture, a separate tax on deductions you claimed while it was a rental. The exact impact depends on how long you lived there versus how long you rented it out. A CPA can calculate the real effect on your specific timeline before you sell.