03/13/2026
How to increase the housing market and help retirees. It is time to reform the antiquated capital gains tax exemptions for homeowners who sell their primary residence to downsize and retire. These rules no longer reflect current home values or economic realities and can unfairly penalize people who have spent decades building equity in their homes. The helps solve several key issues.
Republican lawmakers are urging the Department of Treasury to index capital gains to inflation. Indexing capital gains to inflation could reduce taxable gains for long-term homeowners. Current tax rules allow eligible homeowners to exclude up to $250,000 of capital gains from their income.
