Doesn't matter. If you sell before the required residency is met (currently 2 of the past 5 years; new tax plan makes it 5 of the previous 8 years), then *any* gain is taxable. So, if you make $25,000 in two years, it is currently not taxed. Under the new tax plan, it would be taxed.
Oh ok, that is wrong. That’ll impact a lot of people.
Sorry I misunderstood - under the old plan there was a $250k exemption of whatever you call it. Getting rid of that raises taxes on the middle class for sure!