Most homeowners do not have to pay a capital gains tax on the appreciation in the value of the home.

Name: Most homeowners do not have to pay a capital gains tax on the appreciation in the value of the home.
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Homeowners are generally exempt from paying capital gains taxes on the appreciation in the value of their primary residence, as long as they have owned and used the home as their main residence for at least two out of the five years preceding the sale of the home.

Most Homeowners Do Not Have to Pay a Capital Gains