Real Estate & Tax ยท ๐ฐ๐ท Korea
Temporary Two-Home Non-Taxable Checker
Auto-check Korea's 3-year disposal rule for temporary two-home tax exemption with D-Day counter.
About this tool
Temporary Two-Home Non-Taxable Checker (iljul) tells Korean homeowners switching residences whether they qualify for the temporary 2-house tax exemption. Enter the prior-home purchase date, new-home settlement date, planned disposal date, adjusted-area flag, and prior-home residency period to auto-check (1) the 1-year gap before new purchase, (2) the 3-year disposal deadline, (3) the 2-year residency rule for adjusted areas (post-2017.8.3 purchases), (4) the 2-year holding rule, and (5) the >โฉ1.2B excess-tax ratio. A D-Day counts down to the disposal deadline. The tool also flags adjacent rules: pre-construction certificates (๋ถ์๊ถ), marriage merger, and inherited homes. Reflects the 2023-relaxed Tax Decree ยง155.
Use cases
Scenario 1
Trading up to a new apartment
A family in Seoul that just settled on a new build runs the prior-apartmentโs 3-year disposal D-Day to keep the non-taxable benefit.
Scenario 2
Adjusted-area 2-year residency rule
An owner renting out a 2018 adjusted-area home checks whether the 2-year residency rule blocks non-taxable status and previews the tax bill.
Scenario 3
Newlywed merger of two homes
Newlyweds โ each previously owning one home โ see whether the 5-year-disposal exception applies after marriage merges them into temporary 2-home status.
Scenario 4
Pre-construction certificate impact
For pre-construction certificates acquired after 2021.1.1, the tool reminds you they count as a home and recomputes the disposal window from settlement.
Features
- Auto D-Day for the 3-year disposal deadline
- Auto-check the 1-year gap before new purchase
- Auto-branch for the 2-year residency rule in adjusted areas after 2017.8.3
- Auto-calc of the >โฉ1.2B excess-tax ratio
- Warning when pre-construction certificates count as a home (post-2021.1.1)
- Adjacent rules for marriage merger and inheritance
- Share URL and copy result text
Frequently asked
- Q. When does the 3-year disposal clock start?
- A. The clock runs 3 years from the new homeโs settlement date (or registration date, whichever is earlier). The tool auto-anchors and counts down.
- Q. I didnโt live 2 years in an adjusted area โ still non-taxable?
- A. For post-2017.8.3 purchases in adjusted areas, the 2-year residency requirement applies; missing it disqualifies non-taxable status. Standard rates with long-hold deduction apply on sale.
- Q. Do pre-construction certificates count as a home?
- A. Yes for pre-construction certificates acquired after 2021.1.1. Enter the purchase date and the tool branches the rule automatically.
- Q. Can I use the result for actual capital-gains filing?
- A. Itโs decision-support only. For the actual filing, use Hometax capital-gains simulation or consult a CPA.
Sources / references
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How we run it / disclaimer
This tool is advisory and does not constitute legal, tax, medical, or financial advice. All calculations and document generation run in your browser; inputs are never sent to a server. Ads follow Google AdSense policy and are kept separate from tool accuracy.