Capital gains on the sale of a new home?

[Blueface]

Originally Posted by ade06

Would the sale of your primary residence be considered "investment income" subject to this new tax?

From what I understand, yes.

Also, while this $200,000/250,000 range seems to not affect many of us, being the cynical person I can be at times, I can't help but wonder how long it will be before that is significantly reduced to where it does in fact affect most of us.