I remember a few years ago there was a trail balloon floated with the idea that people like us should pay “income” taxes on the money we were NOT paying for rent. Thankfully, it did not go anywhere.
That was floated under the Clintoon administrative. It is called imputed income.
I used to follow the advice of Bob Brinker. His advice about a house: one should look at their home as not an investment but as a residence. Other advice he used to give was to not base investment decisions upon tax outcomes, they are either a good or bad investment on their own.
Following his advice, I have done fairly well over the years.
Reminds me of the Beatles song “Taxman”