Change in Real Estate Capital Gains Tax Exclusion

Here is a link to an interesting article about real estate taxes. This will only affect a small number of people, those whose spouse passed away, but it seems like Congress did the right thing allowing them two years to qualify for the “married” capital gains exclusion on the sale of their home.

Hardly anybody noticed it, but Congress tucked away a valuable bit of holiday cheer for real estate when it passed its final tax bill of the year.