Tax break for homeowners who swap houses
H.R. 10883 — To amend the Internal Revenue Code of 1986 to provide for nonrecognition of gain or loss on like-kind exchanges of certain residential real property, and for other purposes. · Filed by Michael Lawler (R-NY) · 1 cosponsor · Introduced Oct 22, 2026 · Referred to committee
Your members of Congress
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What it does
This bill would let homeowners swap houses without paying taxes on the gain right away. They would need to reinvest the money into a similar house. Right now, this tax break mostly applies to business and rental houses. The bill would extend it to homes where people live.
Who it affects
Homeowners who swap houses would pay less in taxes right now. Real estate brokers might handle more deals. The federal government would collect less tax money.
One thing to notice
This tax break currently applies mainly to business and rental houses. The bill would extend it to homes where people live.
From the analysis of the bill text, linked under Primary records below.
Where it stands
1 cosponsor: 1 Democrats.
- Oct 22, 2026 — Introduced · Congress.gov: “Introduced in House”
- Oct 22, 2026 — Referred to House Committee on Ways and Means · Congress.gov: “Referred to the House Committee on Ways and Means”
Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.
How this was measured
Analysis — Quorum's AI read the full bill text on Oct 26, 2026; transparency and hidden-provision scores are compared against the median of 16,595 analysed bills.
Status and sponsors — Congress.gov's bill record — actions, committee referrals and cosponsors — loaded nightly. The timeline shows status changes, not every procedural action.
As of — page rendered 2026-10-28.
“Tax break for homeowners who swap houses” QuorumCivic. https://share.quorumcivic.app/bill/119/hr10883/simple Report an error
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