Congress set the capital gains exclusion for home sales in 1997, when the median home cost $145,000, and never touched it again.
Back then, almost no home sales hit the cap. Today, 8% of sales nationwide do.
niskanencenter.org/to-help-g…
Congress set the capital gains exclusion for home sales in 1997, when the median home cost $145,000, and never touched it again.
Back then, almost no home sales hit the cap. Today, 8% of sales nationwide do.
niskanencenter.org/to-help-g…