The Tax Implications of Selling Your Home in 2026

Episode 70 of The Tax Strategy Podcast dives into the Section 121 exclusion for home sale gains. Lucas and Luna break down the $250,000 / $500,000 thresholds, the two-out-of-five-year ownership and use test, and how the Tax Cuts and Jobs Act sunset in 2026 changes the landscape. They use a concrete example: a single filer who bought a home for $300,000 and sells for $650,000 in 2026. The hosts also cover the impact of home improvements on cost basis, partial exclusions for unforeseen circumstances, and the tricky interaction with the net investment income tax. The episode closes with a subtle nod to listener support via buy me a coffee dot com slash fexingo. Perfect for homeowners, real estate investors, and anyone planning a sale. #Section121 #HomeSaleExclusion #CapitalGains #TaxStrategy #RealEstateTax #2026Tax #TCJASunset #NetInvestmentIncomeTax #CostBasis #HomeImprovementDeductions #PrimaryResidence #TaxPlanning #Finance #PersonalFinance #TaxPodcast #FexingoBusiness #BusinessPodcast #Podcast Keep every episode free: buymeacoffee.com/fexingo