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American Home Mobility Act Introduced in House to Reform Residential Real Estate Taxes
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Key points
- Rep. Michael Lawler introduced the American Home Mobility Act in the U.S. House of Representatives on October 22, 2026.
- Bill HR 10883 proposes amending the Internal Revenue Code to allow like-kind exchange tax rules for residential real estate.
- Cosponsored by Rep. Josh Gottheimer, the measure was referred to the House Committee on Ways and Means.
What is the American Home Mobility Act?
NewsWK — Rep Michael Lawler introduced the American Home Mobility Act in the House of Representatives to amend federal tax rules. This residential real estate capital gains bill alters the Internal Revenue Code of 1986. Specifically, HR 10883 allows nonrecognition of gain or loss on qualifying residential like-kind exchange property moves.
How does HR 10883 change tax policy for homeowners?
The measure creates tax flexibility by extending residential like-kind exchange rules to qualifying home sales. Therefore, property owners defer immediate gains taxes. Representative Josh Gottheimer cosponsored the bill alongside Rep Michael Lawler on October 22, 2026, during the 119th United States Congress.
Why is the residential like kind exchange bill before committee?
House leaders referred the residential real estate capital gains bill to the House Committee on Ways and Means on October 22, 2026. In addition, sponsors cited Article I, Section 8, Clause 18 of the U.S. Constitution for authority. Still, HR 10883 remains in committee.
This article was produced with the assistance of AI and reviewed by our editorial team.
Sources
Related: States Tighten Rules on Cash Buyers with New Real Estate Wholesaling Regulations
Related: House Advances Land Exchange Measure for Yuhaaviatam of San Manuel Nation
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