Sept 2009
This could impact RVers who spend less than 2/5 of the time in their home. (4.8 months/year averaged over 5 years)
I have been unable to find any web page
describing this situation on the web - such as
What if less than 5 years? Prorated?
What if house not used for business or rental during that time -
such empty while RVing
etc.
The following web pages provided some insight
http://www.justanswer.com/questions/7gd8-capital-gains-homestead-exemption
http://www.trulia.com/blog/gracemorioka/2009/04/before_you_sell_your_hom
IRS Publication http://www.irs.gov/pub/irs-pdf/p523.pdf