Representative Marjorie Taylor Greene, a Republican from Georgia, introduced a bill on Thursday that, if passed, would eliminate federal taxes on home sales. "No more taxing the American dream," she ...

When you sell a primary residence, the IRS allows you to exclude from your capital gains taxes the first $250,000 of profits if you file single or $500,000 of profits if you file jointly. You must ...

Suppose you sell your primary home and make a $750,000 profit. Will you owe capital gains tax on that profit? The short answer is yes. Depending on a handful of factors, you may owe tens of thousands ...

Last week, Rep. Marjorie Taylor Greene (R-Ga.) introduced the No Tax on Home Sales Act, a proposal to eliminate the federal capital gains tax on the sale of primary residences. “Families who work hard ...

President Donald Trump says his administration is looking into eliminating the capital gains tax on home sales. U.S. Representative Marjorie Taylor Greene (GA-14) has introduced the No Tax on Home ...