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Comment by rcpt | Hacker News Reader

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You get $500k in capital gains waived when you sell your house in California. You don't get that with GameStop stock

That’s for principal residence, not investment properties: https://www.nolo.com/legal-encyclopedia/the-250000500000-hom....

Doesn't that exclusion also exist at the federal level?

https://www.irs.gov/taxtopics/tc701

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