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This is still your primary residence, as you are going away for a temporary absence and plan on coming back home
So, this would still be your primary residence and you could still write off your mortgage interest and real estate taxes
I need to know that if, upon returning home, I decide to sell my house if I would be able to receive the tax exclusion on the gain.
Unfortunately, this would not qualify as a short temporary absence
You would not be able to count those months as being owner occupied.
See publication 523
In order to get a tax exclusion on the gain on the home, the home has to be owner occupied two of the last five years. I have rented the house out and now might want to sell it upon my return. I know that a family member living in the home qualifies the home as being owner occupied. Would my sister's residence in the home qualify?
I am sorry to see you rated my service as "poor" as I have not completed answering your question
Please then I await your reply.
Yes, your sister's occupancy in the house would keep it qualified as "owner occupied" and therefore when you return home you would
be able to exclude the gain
Can you direct me to an IRS bulletin that would assure me that her occupancy would allow that?
I do not have a publication that states that explicitly
Can you tell me where I can read this information?
You can read about the sale of your home in publication 523
Do you need any further assistance with this?
Where do I locate publication 523?