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A comment on The next shock for homeowners: Surging property tax assessments. Parent comment

Re:The next shock for homeowners: Surging property tax asses... by sokoloff on Sunday May 22, 2022 @07:48AM (#31467107)
There is an exclusion amount for personal residence where capital gains are taxed at 0% federally. It’s $500K for married couples at the moment. That is likely what GP was commenting on with that clause.

https://www.irs.gov/taxtopics/tc701

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