Will capital gains taxes on residences be rescinded for a year?

June 15, 2005

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?


Date:  Mon, 06 June 2005


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.

Michael Gray, CPA
2482 Wooding Ct.
San Jose, CA 95128
(408) 918-3162
FAX: (408) 938-0610
Hours: 8am - 5pm PDT Monday - Friday

Find us on Facebook
Follow me on Twitter
Connect on LinkedIn
Connect on Google+
Our Blog
© 2018

Subscribe to
Michael Gray, CPA's
Real Estate Tax Letter!

We respect your email privacy

We respect your email privacy!