If you had $x^{2/4}$, would that simplify to $x^{1/2}$?
If you were to simplify $x^{2/4}$ to $x^{1/2}$, x cannot be negative for a real solution...
But if you left it as $x^{2/4}$, x would be able to be negative for a real solution, correct?
How do you know if $x^{2/4}$ = $(x^2)^{1/4}$ or $(x^{1/4})^2$?
Does $x^{2/4}$ = $x^{1/2}$ and would x have to be greater or equal to zero for a real solution?
No. Most commonly rational exponents are defined as follows (this is from Michael Sullivan's College Algebra, 8th Edition):
Note that the definition assumes that the numerator and denominator in the exponent are "containing no common factors". This is highlighted in note (1): the fraction in the exponent "must be in lowest terms".
So: It is impermissible to transform $x^{2/4}$ into a radical expression without first reducing it to $x^{1/2}$. Allowing otherwise would generate the ambiguities that you're observing, i.e., it would fail to be well-defined.