Capital Gains/Income tax

[Brian Schmidt]

To the CPA's and tax professionals out there,

A scenario popped in my head. Say I sold a currently owned house with 100k in profit and then used that profit to invest in 2 other properties (50k each). Would the 100k I made from the sale by taxed or no since I invested it into other things? I would imagine a HELOC would be a smarter method but I was just curious about this scenario.

Thanks in advance!