{"id":44,"date":"2026-09-25T09:00:00","date_gmt":"2026-09-25T09:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/ericbergersrealestate-com\/2026\/09\/25\/home-sale-exclusion-can-shield-250000-from-tax-fyp\/"},"modified":"2026-09-25T09:00:00","modified_gmt":"2026-09-25T09:00:00","slug":"home-sale-exclusion-can-shield-250000-from-tax-fyp","status":"publish","type":"post","link":"https:\/\/www.ericbergersrealestate.com\/blog\/2026\/09\/25\/home-sale-exclusion-can-shield-250000-from-tax-fyp\/","title":{"rendered":"Home Sale Exclusion Can Shield $250,000 From Tax | fyp"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\"\n                src=\"https:\/\/www.roomvu.com\/agent\/embed\/eric-bergers\/home-sale-exclusion-remotion-videos-ffbc\"\n                frameborder=\"0\"\n                allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\"\n                allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>US sellers qualify without realizing it: live in a primary residence for 2 of the past 5 yr, exclude up to $250K, $500K jointly.<br \/>\nTwo tests matter: own your home for 2 of 5 yr and live there 2 of 5 yr; those periods need not be consecutive or overlap.<br \/>\nFor full $500K, both spouses need residency, though only 1 needs ownership; use the exclusion every 2 yr. Second homes and rentals don&#039;t qualify.<br \/>\nTaxable gain starts with sale price, then selling costs and cost basis. Capital improvements raise basis; routine repairs and repainting do not count.<br \/>\nBefore listing, gather closing papers and receipts. Waiting a few months for the 2-yr mark can save substantial tax; some early sales still qualify partially.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>US sellers qualify without realizing it: live in a primary residence for 2 of the past 5 yr, exclude up to $250K, $500K jointly. Two tests matter: own your home for 2 of 5 yr and live there 2 of 5 yr; those periods need not be consecutive or overlap. For full $500K, both spouses [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":94,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-44","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.ericbergersrealestate.com\/blog\/wp-json\/wp\/v2\/posts\/44","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ericbergersrealestate.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ericbergersrealestate.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ericbergersrealestate.com\/blog\/wp-json\/wp\/v2\/comments?post=44"}],"version-history":[{"count":0,"href":"https:\/\/www.ericbergersrealestate.com\/blog\/wp-json\/wp\/v2\/posts\/44\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ericbergersrealestate.com\/blog\/wp-json\/wp\/v2\/media\/94"}],"wp:attachment":[{"href":"https:\/\/www.ericbergersrealestate.com\/blog\/wp-json\/wp\/v2\/media?parent=44"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ericbergersrealestate.com\/blog\/wp-json\/wp\/v2\/categories?post=44"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ericbergersrealestate.com\/blog\/wp-json\/wp\/v2\/tags?post=44"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}