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Millions of homeowners could finally get a tax break that’s been frozen since 1997

Baby boomers and other Americans who have been staying put in their homes for decades could get some encouragement to finally sell, thanks to two nearly identical bills in the House and Senate that are gaining more bipartisan traction. Congress has been weighing two bills, both dubbed the More Homes on the Market Act , which propose doubling the amount of capital gains that taxpayers can exclude…

Millions of homeowners could finally get a tax break that’s been frozen since 1997

We haven't written up this one. Fast Company has the full story — the link below goes straight to it.

Read the original at fastcompany.com →

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