I’m in Steamboat this weekend and this has come up in a few conversations.

If you’ve owned a home in a desirable area for a while, there’s a good chance it’s appreciated significantly.

Most people only know the basic rule:

• $250K gain exclusion if single
• $500K if married filing jointly
• Must have lived there 2 of the last 5 years

Anything above that and people feel stuck.

But you don’t have to!

If you have a properly structured, tax-aware investment portfolio, it should be creating tax deductions each year.

That means:

• You can sell the house
• Use the §121 exclusion for the first $250K / $500K
• Then use harvested losses from your portfolio to offset much (or all) of the remaining gain

Net result: you preserve more of the equity you’ve built instead of handing a big slice to the IRS just because you decided to move.

This is the kind of coordination between portfolio design and tax planning that most people don’t realize is possible until after the sale has already happened.

If a home sale or other large liquidity event is on the horizon, planning ahead matters.

We’re currently working with $5M+ portfolios through June 30, after which minimums for new client relationships will move to $10M.