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Subject:  Sale of Home
From:  Anonymous
Date:  Sat, 4 Jun 2005

I heard in the very near future, for one particular year only, home owners who sell their principal residences will not have to pay any capital gains tax. Which year will it be?

Answer

Date:  Mon, 06 June 2005

Hello,

I'm not aware of any such tax law being passed.

Good luck!
Mike Gray

We have more answers to frequently asked real estate tax questions! We also offer up-to-date information about new tax real estate tax developments in Michael Gray, CPA's Real Estate Tax Letter.

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