Charleston · Selling
What capital gains change is being proposed for home sellers?
Various proposals to expand the capital gains exclusion on a primary residence sale have circulated in Congress, but none had been signed into law as of this writing, so the current exclusion rules still govern any sale today. Treat online claims about a specific new number as unconfirmed until legislation actually passes. Brian recommends checking with an accountant before planning around a change that has not happened yet.
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