How the Home Sale Capital Gains Tax Exclusion Works

#33: Each summer, the real estate market turns into a zoo as buyers and sellers play a big game of musical chairs. Everyone’s trying to get a new seat before the school year starts up again. Buyers who are also selling a home that has gone up in value will face capital gains taxes… Or will they? If you do things right, you can exclude from taxes up to $500k capital gain married filing joint (single filers divide by 2). In this week’s podcast, I share how the home sale capital gains tax exclus...