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Capital gains exclusion
Hi fam, we have a house in hawaii that we live in as a primary home but have to leave earlier than was planned (2 months shy of 2 years). We have no plans to sell it in the immediate term but as a military member we can potentially extend the 2 out of 5 years to an additional 10 more years… We are trying to decide if it’s worth it to pay the two months of mortgage to “potentially” avoid capital gains if we should decide to sell within the 15 years versus just getting it rented with best renters in peak season and not worry about that right now. If we did get cash from a sale in the future we would likely use it more on private equity opportunities. It’s a great rate and currently not thinking to sell anytime soon.
@Ryan Bakke, CPA thank you. Yeah we are being relocated to Omaha on orders. I’m sure there are other considerations that need to be met as well but main point being more towards keeping that option open.
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Desbah and Emmanuel Yazzie-Mtika
2
13points to level up
Military Family and want to step up our investments to private equities. We hope to learn, grow and find opportunities. 🫶🏽

Active 3h ago
Joined Jan 24, 2026
Kaneohe, HI
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