Job change, health, divorce = prorated $250K/$500K exclusion before the 2-year mark.
Sold your primary residence before the 2-year §121 clock? A qualifying 'unforeseen circumstance' (job relocation 50+ miles, health event, divorce, death, birth of multiples, unemployment) unlocks a PRORATED exclusion. Sell at month 12 of 24 = 50% of the exclusion ($125K single / $250K joint). Heavily under-claimed at closing.
Click Generate advisory deep dive for mechanics, IRC citations, a step-by-step execution plan, a worked numeric example on your profile, costs, risks, and this-week actions.
Multiply the $10M §1202 exclusion across multiple trusts.
4% corporate tax + 0% capital gains for bona fide residents.
Stack the $500K primary-home exclusion on top of a 1031 deferral.
Convert Traditional to Roth during sabbaticals or business-loss years.
Capitalize property taxes and interest on undeveloped land.
Deduct now, control forever, employ heirs.
Ordinary loss (not capital loss) on failed small biz — up to $100K.
Buy leveraged real estate inside your IRA — tax-deferred or tax-free.