[ridesthemiles]

HOW MANY here on FR have sold/bought a house since 1994?

IF YOU ARE ENJOYING the NON-TAXABLE portion of your profits in that sale-—THANK GINGRICH

[Alberta's Child]

You've overstated the importance of that provision of the tax code. There was already an exemption in place prior to 1997 for those over the age of 55, and for those who were using the proceeds of the sale to buy another home.

Meanwhile ... you may be able to sell your home today without paying taxes on the capital gain, but you can't afford to buy new appliances because of the stupid government regulations that this jackass himself supported: