Capital gains question

[Jack Middleton]

I’m not sure if this has been answered, but I haven’t found something I understand.

I'm having a hard time finding out... I have a house in an LLC that was sold this month. We have owned the house for three years. One of those three was our personal residence. We are confused how the capital gains will be calculated. Also, we are planning to use the gains to put toward a property that we are wanting to build within 6 months. Would that have an affect on the amount of capital gains tax?

Thanks for any information that we can get.