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Trump is "thinking about" eliminating the capital gains tax on home sales, which would disproportionately benefit some homeowners.
ā€œWe are thinking about no tax on capital gains on houses,ā€ Trump told reporters in the Oval Office last month. Right now, ...
Capital Losses in General Generally, a capital loss is a "realized" loss from the sale or exchange of a capital asset, such as investment property like stocks, bonds and cryptocurrency.