How My Kids Help Me AVOID Capital Gains Tax on Real Estate (100% Legal)
2.7K viewsover 1 year ago15m 12sScore: 78
BiggerPockets Money
Summary
This video explains how adding children to the title of your home could help avoid capital gains tax on a home sale. Through the section 121 exclusion, homeowners can avoid paying capital gains on profits up to $500K but adding children to the title of your home can help you boost this number even higher. It's advised to seek guidance from a real estate tax strategist to ensure this strategy works in your favor, as specific rules apply, including ownership and occupancy timeframes.



