HR 10883·Federal·house
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.
In CommitteeFiled Oct 22, 2026
Sponsor: Rep. Lawler, Michael [R-NY-17] (R)
Latest Action
Referred to the House Committee on Ways and Means.
Oct 22, 2026
Summary
The bill changes the Internal Revenue Code so that when a taxpayer swaps certain residential real estate for similar property, the gain or loss is not recognized at the time of the exchange. This defers any tax liability until a later sale. It is intended to give homeowners and real‑estate investors more flexibility in managing their property assets.
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