A Bad word may just get even worse! Remember…..Capital Gains for a primary residence are different from those for second homes or rental (income property).
Gains are the dollar amount received for the asset less your cost basis. Your cost basis includes not only the value of the asset when acquired, but also any costs to acquire the asset, such as commissions, major updates etc.
For this purpose we are talking about Gains on a property other than your primary residence.