How to Exclude a Million Dollar Gain on a House

So let's assume the examples is you sell your house for a million bucks. Your original cost was only a hundred thousand dollars. You now have 200,000 of taxable gain attributable to primary residence use plus 300,000 of gain attributed to rental useplus the depreciation recapture of whatever that is. So over 500,000 gain, you can only exclude 300. The other 200,000 again exclusion is basically lost in this case. All right. Take care and I'll see you next time on retirement planning education.