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I need a formula that calculates the number of days we have owned a house.

Possession date to sold date and in the case there is no sold date I want it to calculate using today. TIA

Try this: 

IF(
{Posession Date},
IF(
{Sold Date},
DATETIME_DIFF(
{Sold Date},
{Posession Date},
'days'
),
DATETIME_DIFF(
TODAY(),
{Posession Date},
'days'
)
)
)

Perfect. Thank you

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