Those gains *are* taxed (minus the exemptions, which perhaps are too generous). ... | Hacker News

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		bombcar on Jan 22, 2024 \| parent \| context \| favorite \| on: US home sales see worst year since 1995 Those gains are taxed (minus the exemptions, which perhaps are too generous). Part of that is to prevent the “I can’t move from my house to the identical one across the street because of taxes” issue.

bugglebeetle on Jan 22, 2024 [–]

For all practical purposes, the majority of people do not pay taxes on those gains and they’re easily dodged through a variety of mechanisms.

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