We need your help to educate lawmakers and the Administration about the critical impact that the outdated capital gains tax limits are having on your clients and the housing market.

Since 1997, tax law has provided a maximum capital gains exclusion on the sale of a principal residence—$250,000 for single filers and $500,000 for joint filers. While once generous, these amounts have remained unchanged for over 27 years, despite significant home price inflation. This has disproportionately affected older homeowners who have lived in their homes for decades.

Many of these homeowners now face substantial tax burdens when selling, often owing tens of thousands of dollars or more due to gains that exceed the outdated exclusions. This discourages them from selling, limiting housing inventory and creating more competition and higher prices for first-time homebuyers.

By increasing the capital gains exclusion and indexing it for inflation, we can remove this disincentive for homeowners to sell, opening up inventory for prospective buyers and helping to stabilize the housing market.

Members of Congress need to hear your examples of how this issue has impacted your clients and local housing market. These stories are crucial in illustrating the real-world effects of these outdated policies to lawmakers.

Please contact us using the form below to share your real-world examples. Your voice can make a difference!

Thank you for your support.