How to Avoid Capital Gains Tax When Selling Real Estate (2023) - 121 Exclusion Explained
In this video, I cover the Section 121 Gain on Sale of Home Exclusion and answer the following questions:
1. How can you avoid paying capital gains tax on the sale of your primary residence?
2. How to properly calculate the gain or loss you would have on your home if you sold?
3. IRS Code Section 121 and how to qualify.
4. What if your gain is over the exclusion amount, what then?
5. How many times can you use the exclusion?
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