Land & New Construction
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 5 years ago on .

short or long term capital gain
Hi All,
I ve hard time to find an answer to my question online,
I bought a vacant land in 2017, then built a house on it.
The construction, permit included took 2.5 years
So now, in 2020 the house is ready to sale.
Can I say that I improved my land with a new construction for almost 3 years
and assume I will have to pay a long term capital gain ?
or it will be a short term capital gain ?
Thank you