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Property Investment Podcast Network
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Maximizing Capital Gains Tax Exemption and Depreciation Benefits in Property Investment
This chapter delves into the six-year rule for capital gains tax exemption on a principal place of residence, allowing individuals to rent out their property without tax implications within a six-year period. It provides insights on converting a primary residence into an investment property, emphasizing strategic property valuations and considerations like future growth potential and ownership structure. The discussion also covers the importance of handling property depreciation correctly, understanding tax liabilities, and adopting a holistic approach to property investment.
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