Capital gains on a principal residence are not taxable.

Name: Capital gains on a principal residence are not taxable.
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In the United States, capital gains on a principal residence are generally taxable, but individuals can exclude up to $250,000 of the gain from their income ($500,000 for married couples filing jointly) if they meet certain criteria, such as owning and using the home as their principal residence for at least two of the five years before the sale.

Capital Gains on a Principal Residence Are Not Taxable