07/15/2025
I wanted to share an exciting update: on July 10, 2025, Rep. Marjorie Taylor Greene introduced the No Tax on Home Sales Act (H.R. 4327). If passed, this bill would eliminate all federal capital gains tax on the sale of your primary residence—removing the outdated $250K/$500K cap that hasn’t changed since 1997
🏡 What This Could Mean for You
Keep 100% of your profit: No more capped exemptions—every dollar of equity you’ve built could be yours to keep
Laredo Morning Times
Empowers retirees & empty-nesters: About 31% of homeowners age 65+ exceed the $250K threshold, often losing an average of $41K in taxes—this bill aims to change that
Laredo Morning Times
Boosts market flexibility: By removing tax penalties, more sellers may list, helping ease inventory shortages
🗓 What’s Next?
H.R. 4327 has been referred to the House Ways & Means Committee, but no vote is scheduled yet
Laredo Morning Times
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https://www.realtor.com/advice/finance/greene-capital-gains-home-sales-bill/?distinct_id=QuYY3mC6K&user_email=jenny.simon%40exprealty.com
Rep. Marjorie Taylor Greene just introduced a bill to eliminate the home equity tax. Here's what it could mean for millions of homeowners.