Tag: TaxFree
How To Use The Tax-Free Residence Sale Exclusion Each Two Years
In Spring 2025, I offered certainly one of my properties and efficiently excluded $500,000 in capital positive aspects, tax-free, due to the IRS Part 121 Exclusion. For these unfamiliar, this highly effective rule permits owners to exclude as much as $250,000 in capital positive aspects if single, or $500,000 if married submitting collectively, from the