4 ms·

How is that relevant?

• latchkey 3y ago
  People selling their house can take advantage of the tax break. OP was curious about why they'd sell and that could be a reason. Now give me back my downvote please. ;-)
  • Thorrez 3y ago
    What tax break? I think you just quoted the capital gains tax rates[1]. That's a tax, not a tax break. Those rates apply to all capital gains, not just houses. They're basically the same every year. The numbers increase each year for inflation. There actually is a tax break, the paragraph after what you quoted. But I don't think that's new or ending soon. So that's also not something that would trigger people to sell now rather than in a year from now. [1] https://www.bankrate.com/investing/long-term-capital-gains-tax/#rates https://www.bankrate.com/investing/long-term-capital-gains-t...