Comment on This boomer couple would be hit with $700,000 tax bill if they sold their mansion

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yeahiknow3@lemmings.world ⁨22⁩ ⁨hours⁩ ago

I don’t have an error. If you buy a house for $200k (average price for houses in the US some years ago) and it now costs $500k (average price for houses in US today), this tax makes it LITERALLY impossible for you to sell your house and buy another one.

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