The $ 250,000 / $ 500,000 exclusion for sale of principal residence remains in place. (nar.realtor)
Of particular interest to residential real estate, the bill allowed a capital loss deduction for sale of principal residence. (realtormag.realtor.org)
Liddiard called the bills an overall assault on housing as they limit or exclude gains on sales of principal residences, and repeal the deduction of student loan interest, which will make it more difficult for millennial buyers to purchase their first homes. (rismedia.com)