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#Single-home Household

Related posts · 4 posts

Korea's Long-Term Holding Deduction — Residence Alone Is Worth KRW 11.6m
Real Estate

Korea's Long-Term Holding Deduction — Residence Alone Is Worth KRW 11.6m

Two people sell the same home after the same ten years. One pays 2.62m, the other 14.23m. Holding is not what separates them.

Aug 24 · 8 min read
Korea's KRW 1.2bn Apportionment — A Slope, Not a Cliff
Real Estate

Korea's KRW 1.2bn Apportionment — A Slope, Not a Cliff

“Exempt up to 1.2bn” is right. The sentence that usually follows is not — crossing it does not put the whole gain into tax.

Aug 24 · 8 min read
Your July Property Tax Bill in Korea — the Numbers Are in the Decree, Not the Act
Real Estate

Your July Property Tax Bill in Korea — the Numbers Are in the Decree, Not the Act

All the Act contains is a 40-80% band. And the tax burden cap for housing was deleted outright in 2023.

Aug 3 · 9 min read
Korea's One-Home Capital Gains Exemption — “How Many Years” Has No Single Answer
Real Estate

Korea's One-Home Capital Gains Exemption — “How Many Years” Has No Single Answer

Trading up gives you three years; caring for a parent and marriage give ten. And trading up carries a second requirement almost nobody mentions.

Aug 3 · 10 min read
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