Tax, SDIRAs & Cost Segregation
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 over 8 years ago,
Tax on Gain from Sale of Real Estate
Looking to purchase a lot and build 2 or 3 spec homes in the Houston area. I'm wanting to understand the tax situation if the property is purchased, the homes are built and the first home on the lot is sold over one year from the date of lot purchase, does the capital gains tax rate apply?