The $100k Tax Loophole for Veterans

In this episode, I’m breaking down a massive tax loophole that only service members and veterans can use to save thousands on home sales. I explain how the Section 121 exclusion works and the specific rule extension that allowed a friend of mine to pocket over $400k completely tax-free. If you own a home or plan to, this is exactly how you keep the IRS out of your pockets.

 

Timestamps

(00:00) - Intro

(01:25) - Understanding Capital Gains Tax rates

(03:51) - The standard Section 121 exclusion rule

(04:58) - The 10-year extension loophole for veterans

(05:54) - Real-life example: Saving $85k in taxes

(09:37) - Why this beats a 1031 exchange

(10:48) - How to learn more and build wealth

 

About the Show

On the Military Millionaire Podcast, I share real conversations with service members, veterans, and their families. Each week, we explore how to build wealth through personal finance, entrepreneurship, and real estate investing.

Resources & Links

• Download a free copy of my book: https://www.frommilitarytomillionaire.com/free-book

• Sign up for free webinar trainings: https://www.frommilitarytomillionaire.com/register

• Join our investor list: https://www.frommilitarytomillionaire.com/investors

• Apply for The War Room Mastermind: https://www.frommilitarytomillionaire.com/mastermind-application

• Get an intro to recommended VA agents/lenders: https://www.frommilitarytomillionaire.com/va-realtor

• Guide to raising capital: https://www.frommilitarytomillionaire.com/capital-raising-guide

  Connect with David Pere

• Facebook Group: https://www.facebook.com/groups/militarymillionaire

• YouTube Channel: https://www.youtube.com/@Frommilitarytomillionaire?sub_confirmation=1

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