“$0 Tax On ALL Profits!” - This NEW Housing Market Proposal Is INSANE

Go to https://surfshark.com/graham or use code GRAHAM at checkout to get 4 extra months of Surfshark VPN! | Let's talk about a potentially new new housing market proposal to remove capital gains tax, and the impact this would have across the entire housing market - Enjoy! Add me on Instagram: GPStephan Join The Mastermind: http://www.entertheindex.com/ START BUILDING WEALTH WITH MY FREE NEWSLETTER: https://grahamstephan.substack.com $0 TAX ON HOME SALE PROFITS? There are discussions around dramatically expanding the capital gains exclusion when Americans sell real estate, including the possibility of allowing homeowners to exclude as much as $1 million in profit. If something like this became law, it could have major consequences for homeowners, investors, buyers, sellers, and the entire housing market. THE CURRENT CAPITAL GAINS EXCLUSION Right now, homeowners can generally exclude up to $250,000 of capital gains when filing single, or $500,000 when married filing jointly, as long as they owned and lived in the property for at least two of the previous five years. Those limits were e…

Source/provenance: Graham Stephan on YouTube — https://www.youtube.com/watch?v=Lp85WbbSs8Y
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