Capital Gain Taxes

[Bryant Harvey]

We are looking to sell a couple single family homes in Indiana. We have held them for 8-10 years. Is it better to sell them in different years to save on the capital gain tax? I've heard that if you sell them both in the same year that you pay 3.5% for your first house then your second house jumps up to 10%. I tried to look it up and it also seems that the capital gain tax percentage is also based upon your personal tax bracket.