HR 1340
More Homes on the Market Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 16, 2026, 2:59 PM
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the More Homes on the Market Act, increases the amount of profit homeowners can exclude from their income when selling their primary residence for tax purposes. It raises the exclusion limit from $250,000 to $500,000 for single filers and from $500,000 to $1,000,000 for married couples filing jointly. The exclusion amounts will also be adjusted annually for inflation starting in 2025.
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