))
3: Must-Know Facts About The 121 Exclusion- Because a Half Million Dollars Is On The Line
Manage episode 417307569 series 3569550
Natalie Kolodij and EA에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Natalie Kolodij and EA 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
This episode delves into the 121 Exclusion, also known as the primary home sale exclusion, which allows significant tax savings for Americans selling their primary home, assuming they meet specific criteria.
Covering the fundamental conditions of the 121 Exclusion, emphasizing the necessity of owning and occupying the home for at least 730 days out of the last 1,825 days to qualify.
Detailed explanations are provided for five common mistakes related to this tax provision, including misconceptions about rental use, house hacking scenarios, and the prorating of exclusions under unforeseen circumstances.
00:00 Introduction to the 121 Exclusion
00:47 Understanding the Basics of the 121 Exclusion
05:06 Common Mistakes with the 121 Exclusion
12:38 Special Cases and Exceptions in the 121 Exclusion
25:32 Conclusion and Final Thoughts
22 에피소드
공유
