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New Bill Seeks to End Federal Capital Gains Tax on Primary Residence Sales

New Bill Seeks to End Federal Capital Gains Tax on Primary Residence Sales

by Phil Hall | Jul 11, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Rep. Marjorie Taylor Greene (R-GA) has introduced the No Tax on Home Sales Act, which is designed to eliminate the federal capital gains tax on the sale of primary residences. Greene noted the IRS allows an exclusion of up to $250,000 ($500,000 for joint filers) in...

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