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A comment on The Shock of Sweden's Housing Market Is Hitting the Country's Currency. Parent comment

Re:The Shock of Sweden's Housing Market Is Hitting the Count... by lisper on Wednesday November 15, 2017 @02:29PM (#15706972)
> if house 1 gained 2 million and house 2 gained 2 million your better off than if house 1 gained 4 million.

No, that's not true because the $500k cap gains exemption is per-transaction.

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Re:The Shock of Sweden's Housing Market Is Hitting the Count... by Retric on Wednesday November 15, 2017 @04:00PM (#15707713)
> cap gains exemption is per transaction.

Reread what I said?

That's why 2 houses with 2 mill gains is better than 1 house with a 4 million gain.

Selling 1 house with a 4 million gain is one transaction with a 500k cap so you pay taxes on 3.5 million. But selling one house with a 2 million gain then another house with another 2 million gain is 2 transactions so you pay capital gains on 3 million and get an extra 500k tax free.

Remember, until you sell the second house it's value is meaningless but when do sell it's purchase price and value become important.

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Re:The Shock of Sweden's Housing Market Is Hitting the Count... by lisper on Wednesday November 15, 2017 @04:48PM (#15708165)
You're right, sorry, I misread it. I'm losing the battle of trying to keep up with all the branches of this thread.
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