Selling my primary residence w $1M in equity

[Ivan Vasquez]

Question about selling my primary residence in San Jose that has about $1M in equity. We purchased it for $550k in 2012 and now it’s worth close to $1.5M and hoping it will go higher since The Bart station will open any min which is less than half a mile away. Google headquarters is being developed few miles away which will be ready next year. I want to sell next year but not sure what’s going to happen w the capitol gain on the profit. My wife and I want to sell to be able to get the equity out to buy another house. What are some things I need to be aware of? We currently have 2 other investment properties which we plan to rent for long term. Looking for advise?