Tax Liens & Mortgage Notes
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 10 years ago,
gain on sale from Tax Lien - LT or ST?
I got a piece of land from a tax lien that did not redeem. It's been 1 year and 3 months since I bought the tax lien, but only 2 months since the deed has been recorded in my name (1 year redemption period in this state). If I sell the land, will it be a Short Term or a Long Term Capital Gain for tax purposes?