Real Estate Law
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You only get the capital gains tax homestead exemption if you actually sell a property after living in it for 2 of the last 5 years. So if you keep it as a rental, you lose that exemption if you don't sell within 3 years of moving out.
So you can't do both. You either sell and put the $100K in your pocket tax free or you keep it, rent it out, and then depreciate it over a 27.5 year depreciable schedule while earning income from the rents.
As an aside, in addition to being an attorney, I have also been a landlord for over 26 years and a licensed Realtor for 14...