#home-equity-tax
#home-equity-tax

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#capital-gains-tax

Real estate

47.8% of Homeowners in Florida Will Face a Hidden Home Equity Tax If They Sell

Real estate

23.9% of Homeowners in Connecticut Will Face a Hidden Home Equity Tax If They Sell

Real estate

16.7% of Homeowners in North Dakota Will Face a Hidden Home Equity Tax If They Sell

Real estate

7.9% of Homeowners in Mississippi Will Face a Hidden Home Equity Tax If They Sell

Real estate

47.2% of Homeowners in Rhode Island Will Face a Hidden Home Equity Tax If They Sell

Real estate

36.1% of Homeowners in Tennessee Will Face a Hidden Home Equity Tax If They Sell

Real estate

47.8% of Homeowners in Florida Will Face a Hidden Home Equity Tax If They Sell

Real estate

23.9% of Homeowners in Connecticut Will Face a Hidden Home Equity Tax If They Sell

Real estate

16.7% of Homeowners in North Dakota Will Face a Hidden Home Equity Tax If They Sell

Real estate

7.9% of Homeowners in Mississippi Will Face a Hidden Home Equity Tax If They Sell

Real estate

47.2% of Homeowners in Rhode Island Will Face a Hidden Home Equity Tax If They Sell

Real estate

36.1% of Homeowners in Tennessee Will Face a Hidden Home Equity Tax If They Sell

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15.3% of Homeowners in Kansas Will Face a Hidden Home Equity Tax If They Sell

More than 15% of homeowners in Kansas face a hidden home equity tax due to outdated capital gains rules, with property values rising significantly.

Real estate

12.5% of Homeowners in Illinois Will Face a Hidden Home Equity Tax If They Sell

In 1997, the federal government created the capital gains exclusion to shield typical homeowners from taxes on the sale of their primary residence. Sellers could exclude up to $250,000 in profit-or $500,000 for joint filers. But those limits were never adjusted for inflation.

Real estate

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