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453: America's Awful Housing Shortage, Meet Our New Investment Coach

Get Rich Education

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The Tax Angle to Address the Housing Shortage Problem

Two congressmen want to double the capital gains tax exclusion for you if you sell your home and then therefore bring some inventory out of the market. It wouldn't help so much inland in the heartland of America because property prices are simply lower. The long term federal capital gains tax rate is nothing. If you make under about 45k per year, it's a 15% rate for most people. And if you make more than about 500k per year,. it is 20%. That's what's keeping housing prices buoyant despite higher interest rates.

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