Home sellers would no longer face federal tax limits on profits from their main home.
This bill would let people who sell their main home keep all their profits without paying federal taxes on them, overriding current dollar limits. It would remove the caps on how much profit from a home sale can be excluded from income. This change would benefit homeowners selling after the bill becomes law.
Today, there are federal dollar limits on how much profit from selling your main home you can exclude from taxes (e.g., $250,000 for single filers, $500,000 for married couples). This bill would remove those limits, allowing all qualifying profit from the sale of a main home to be excluded from federal taxes.
HR 4327 · 119th Congress · AI Summary by gemini-2.5-flash · 9/10
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Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.