5. Tax-Free Profit on Home Sales
Selling your home in retirement? You may qualify for a major tax exclusion.
- Up to $250,000 in profit (single)
- Up to $500,000 (married couples)
- Completely tax-free capital gains
Requirements: Lived in the home for at least 2 of the last 5 years
This is one of the most powerful wealth-preservation strategies available.
Ideal for:
- Downsizing
- Relocating to a retirement-friendly state
- Unlocking home equity
