Well, you pay tax on your gains on that stock sale. The claim is you shouldn't o... | Hacker News

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		x0x0 on Nov 6, 2019 \| parent \| context \| favorite \| on: How California Became America’s Housing Market Nig... Well, you pay tax on your gains on that stock sale. The claim is you shouldn't on houses; it should be a tax-free investment.

collias on Nov 6, 2019 [–]

You definitely pay taxes on a sold property (capital gains, like stock), assuming your profit is over $250k, like this example. Prop 13 doesn't affect that.

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