Fed Nukes $250K Home-Sale Rule. Trump’s Treasury Races to Fix It.

The long-standing $250,000 capital-gains exclusion for single homeowners (and $500,000 for married couples) — set in 1997 — is suddenly at the center of a political scramble after recent federal action changed how gains are calculated, creating uncertainty for sellers and a fast-moving response from the Treasury. Here’s a lively, clear breakdown of what’s happening, who’s affected, and what to watch next.