Primary Home Owner 121 Exclusion: Can I take the Cash and Do a DS
I get asked all the time if someone who is selling their high-end primary home can still cash and take advantage of the 121 exclusion and then the rest be put into the deferred sales trust. In today’s video, I am going to give you an overview to help you gain clarity on 121 exclusion on deferred sales trust.
I want you to better understand how you can benefit from a deferred sales trust, so you can make more money when you sell and have more freedom with your time.
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"The Capital Gains Tax Deferral Secret That Will Change Your Wealth... And Change Your Life!"
Deferred Sales Trusts are not a recent invention. In fact, they are over 24+ years old (the IRS Section tax code known as IRC 453 predates from 1920's and is known as a, "seller carry back" or "owner financing." ) The simple principles of the deferred sales trust are from this original IRC 453 tax code and are the foundation we still use today. In fact, with the 14 successful IRS audits conducted and completed for the thousands of deferred sales trusts closed it’s important to understand where we come from, so you can feel secure for where you will stand if you move forward. I guarantee this video lesson will help you gaining clarity for your tax deferral strategy.
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Broker California (#01774876)
- Capital Gains Tax Solutions