Nope, It will only apply to gains of more than 250,000 on your house. Even then it will only be imposed on those with an income above 200,000, 250,000 for a couple. You guys ought to look into the truth of what you type before you post it, I Googled it up because you had me starting to get mad. No need of that, there is plenty of real horror going on without people adding to the existing insanity.
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