Chapter 18

🏡 Chapter 18 – Federal Income Taxation of Homeownership | NC Real Estate Prelicensing Exam Prep Taxes don't have to be scary! In this chapter, we'll break down the federal income tax concepts that every North Carolina real estate student needs to know for the licensing exam. In this video, you'll learn: ✅ Mortgage Interest Deductions ✅ Property Tax Deductions ✅ Discount Points ✅ Basis & Adjusted Basis ✅ Amount Realized ✅ Capital Gain Calculations ✅ The 2-Out-of-5-Year Rule ✅ $250,000 & $500,000 Capital Gain Exclusions ✅ 1031 Like-Kind Exchanges ✅ Boot ✅ NC Real Estate Exam Math Examples These concepts are highly testable and can help you pick up valuable points on exam day! 📥 DOWNLOAD THE CHAPTER 18 WORKSHEET: https://drive.google.com/file/d/1ovNv... 🎓 Looking for more NC Real Estate Exam Prep? Subscribe and follow along as we work through every chapter of the NC Real Estate Prelicensing textbook. 👍 If this video helped you: ✔️ Like the video ✔️ Subscribe to the channel ✔️ Share it with a classmate ✔️ Download the worksheet and follow along Questions? Drop them in the comments below! #NCRealEstate #NCRealEstateExam #RealEstateSchool #Prelicensing #NCBroker #RealEstateExamPrep #RealEstateLicense #NorthCarolinaRealEstate #RealEstateStudent #FederalIncomeTaxation #1031Exchange #CapitalGains #Homeownership #RealEstateEducation #ExcelRealEstateSchool