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.

(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

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.

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