How To Take Maximum Advantage
Of The $250,000/$500,000 Exclusions
Of Gains On Home Sales

Partial list of the gems you will learn:

• Why they are such a great (but underrated) tax shelter…Truly and permanently TAX-FREE  FOREVER!
• The 3 essential requirements to qualify for the exclusions. Don’t make the expensive mistake thinking  most CPA’s automatically know this! They don’t !!
• Age qualifications.  How old?
• How your boat or RV could qualify.  Float away the tax bill!
• Another important “3” – The three exceptions to the 2-year holding rule. How to understand them and cash out tax-free in less than 2 years.
• What happens of the home is destroyed by fire or hurricane? Or seized by the government?
• Strategies to use, or not to use, if the gain on the sale exceeds the exclusions! This will cost you a LOT if you don’t know this!
• The married couple’s $500,000 exclusion – How you must file with IRS to qualify.
• When you must get married?...To  qualify.
• Which spouse must qualify?
• Singles with a live-in partner. What to do to get $500,000, instead of $250,000
• How to protect your home from a failed marriage…which happens 50+% of the time!
• How the exclusions apply when owning a home with someone other than a spouse. 
• How the same family can take 2 exclusions at the same time…NO more “tainted spouses” (at least for this purpose!)
• Special tax breaks for – Surviving spouses, divorced homeowners and the incapacitated. We cover it all.
• How one spouse can take a full $500,000… Instead of $250,000
• Beware of costly tax traps for divorced homeowners…With strategies
• ALERTS to other tax traps that could disqualify you and your wallet!
• Three more tax breaks for the $250,000/$500,000  exclusions. Another big “3” tax-saver!
• The exclusions as they pertain to the sale of a home’s “remainder interest”…Estate planning
• Checklist of over 180 capital improvements added to the basis of a personal residence, reducing the gain. Even if all of the gain is excluded, these still provide $$$ benefits to you.
• Many real world examples…so you can better take advantage of this great tax shelter
• Proper tax reporting…keep IRS out of your life!
• Complete Updates, IRS cites and records to use as proof…for tax law support
• And more!

PLUS....