Trump floats ‘no tax on capital gains’ for home sales. Here’s who could benefit

by anastasiakaufman-chime-me

Published Wed, Jul 23 202512:58 PM EDTUpdated 3 Hours Ago

By: Kate Dore, CFP®, EA

U.S. President Donald Trump meets with Philippine President Ferdinand Marcos Jr. (not pictured), in the Oval Office at the White House in Washington, D.C., U.S., July 22, 2025. REUTERS/Kent Nishimura

U.S. President Donald Trump meets with Philippine President Ferdinand Marcos Jr. (not pictured), in the Oval Office at the White House in Washington, D.C., U.S., July 22, 2025.Kent Nishimura | Reuters

President Donald Trump said the administration is considering ending capital gains taxes on home sales to boost the housing market.

When asked about the idea in the Oval Office on Tuesday, Trump told reporters, “we’re thinking about that.”

“If the Fed would lower the [interest] rates, we wouldn’t even have to do that,” he said. “But we are thinking about no tax on capital gains on houses.”
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