Capital Gains Tax Rate 2024 Home Sale 2024. Quick facts in budget 2024, the government is delivering fairness for every generation with a housing plan that includes nearly 4 million new homes; What is the capital gains tax on real estate?

Understanding the nuances of capital gains tax can help you minimize your tax liability and maximize your returns. If you have a capital gain from the sale of your main home, you may qualify to exclude up to $250,000 of that gain from your income, or up to $500,000 of that gain.