11/03/2025
Short-Term vs. Long-Term Capital Gains
• If you owned the home less than 1 year → any profit is taxed as ordinary income (same as your regular tax bracket).
• If you owned it more than 1 year → it qualifies as a long-term capital gain, which has a lower tax rate (typically 0%, 15%, or 20% depending on your income level).
So waiting at least one year before selling helps lower your tax rate.
This is where having an experienced and educated team help you with your real estate transaction can save you money.
I’m here when you need me.