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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Live2Sail who wrote (160160)10/26/2008 2:57:30 PM
From: Jim McMannisRespond to of 306849
 
RE:"Maybe congress will finally up the limit above $3k?"

No way.

Maybe they will let you take a capital loss on sale of a residence? Now is a good to to drop the $250k-$500k cap gain exclusion for sale of a primary residence. Nope. No way. Not yet.

It's a one way street...to them and they need the money to perpetuate their bloat.