if you have lived in the property for 2 out of the least 5 years you will not pay taxes on the gain, so if you want to sell make sure you do it soon enough to take advantage of that tax advantage.  

To set the scene: A cost seg study breaks your property into two important categories:1250 "real" property aka the building, foundation and other long life assets.1245 property aka anything that can be accelerated such as 5, 7, or 15 year property like carpets, cabinets, or other site improvements.

Quote from @Randall Alan: @Geoff McFarlaneYou have 5 years to be able to take advantage of the ~$500,000 gain exemption.  

I am also a huge fan of real estate and for the past 50 years there's been a way to combine both.By leveraging a Self-Directed IRA, real estate investors enjoy both the traditional advantages of property ownership and the additional tax benefits of retirement accounts, creating a powerful wealth-building strategy.

So for example, a 761 credit score will be in the 760-779 credit category, then going down to 740-759 and so on.2.

It will auto download bank and credit card transactions, give you reports by account, category or property in any form you want. 

TECHNICALLY, this falls within the long-term laws because there are only 2 categories - long-term or short-term.

People might be taking advantage of the rising prices.

Preferably 3 deep in each of those categories.

Tax Savings:While it’s true that the stock market has been strong, real estate offers unique tax advantages that aren’t available with other asset classes.