On the day of new house closing, qualify 5 year condition.

You don't have to own it for 8 years as of mid december.If you have been living in current one for 5 years till december(say bot dec. 2004), you should be fine. That's my understanding. I could be wrong.

teh 8 years is for not currently living in your existing house, say you bought A house in jan 2003 and lived in A till Feb. 2008, and you don't living in A now(but you still owns A), you should qualify.. But what if you sold A now and rent, are you qualify? Seems not.

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• I bought a condo in Nov. 2003 and then bought second house in Ja -Datutu- ♀ (0 bytes) () 11/06/2009 postreply 17:36:44

• you mean you have been living in Nov 2003 house? Then you should -Njloan- ♀ (0 bytes) () 11/06/2009 postreply 20:14:04