Policy & Rates 22 posts

Korea 1-Home Capital Gains Exemption: 2-Year Rule and 1.2B Line

A single-home household is exempt with 2 years of ownership (2 years of residence in regulated areas) and a sale price under 1.2 billion won. Here is the apportionment formula for the excess and the 80% long-term deduction, worked through examples.

Policy & RatesJul 25, 20264 min

Long-Term Repair Reserve vs. Maintenance Fee — Move-Out Refund Guide

Two line items on the management fee bill have entirely different natures. One is the owner's money paid by the tenant on their behalf — fully refundable at move-out. The other belongs to whoever is living there, with no refund. Here is the legal basis and settlement procedure.

Policy & RatesJul 20, 20266 min