{"id":106,"date":"2026-10-22T21:03:10","date_gmt":"2026-10-22T21:03:10","guid":{"rendered":"https:\/\/www.mbcrealtors.com\/blog\/2026\/10\/22\/revocable-trusts-can-keep-the-home-sale-tax-break-strategically-priced-expertly-marketed-under-agreement-in-less-than-two-days\/"},"modified":"2026-10-22T21:03:10","modified_gmt":"2026-10-22T21:03:10","slug":"revocable-trusts-can-keep-the-home-sale-tax-break-strategically-priced-expertly-marketed-under-agreement-in-less-than-two-days","status":"publish","type":"post","link":"https:\/\/www.mbcrealtors.com\/blog\/2026\/10\/22\/revocable-trusts-can-keep-the-home-sale-tax-break-strategically-priced-expertly-marketed-under-agreement-in-less-than-two-days\/","title":{"rendered":"Revocable Trusts Can Keep the Home-Sale Tax Break | Strategically priced. Expertly marketed. Under agreement in less than two days."},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/maher-khatib\/living-trust-sale-remotion-videos-bb9c\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>A revocable living trust is ignored for income taxes, so a married couple can still use the full $500K home-sale exclusion when selling.<br \/>\nFor the full exclusion, one spouse must meet ownership rules, both must meet the 2-of-5-year use test, and neither used another exclusion within 2 years.<br \/>\nRetitling the home into the trust did not change basis, so owners should keep the trust, original closing statement, and improvement receipts.<br \/>\nOnce a trust becomes irrevocable, it can become a separate taxpayer and generally loses the exclusion because the trust cannot satisfy the home&#039;s use test.<br \/>\nA surviving spouse can keep the $500K cap by selling within 2 years of death; after that window, the limit usually drops to $250K.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A revocable living trust is ignored for income taxes, so a married couple can still use the full $500K home-sale exclusion when selling. For the full exclusion, one spouse must meet ownership rules, both must meet the 2-of-5-year use test, and neither used another exclusion within 2 years. Retitling the home into the trust did [&hellip;]<\/p>\n","protected":false},"author":257,"featured_media":107,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-106","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.mbcrealtors.com\/blog\/wp-json\/wp\/v2\/posts\/106","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mbcrealtors.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mbcrealtors.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mbcrealtors.com\/blog\/wp-json\/wp\/v2\/users\/257"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mbcrealtors.com\/blog\/wp-json\/wp\/v2\/comments?post=106"}],"version-history":[{"count":0,"href":"https:\/\/www.mbcrealtors.com\/blog\/wp-json\/wp\/v2\/posts\/106\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mbcrealtors.com\/blog\/wp-json\/wp\/v2\/media\/107"}],"wp:attachment":[{"href":"https:\/\/www.mbcrealtors.com\/blog\/wp-json\/wp\/v2\/media?parent=106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mbcrealtors.com\/blog\/wp-json\/wp\/v2\/categories?post=106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mbcrealtors.com\/blog\/wp-json\/wp\/v2\/tags?post=106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}