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How Much Tax Will I Pay When I Sell


  • How Much Tax Will I Pay When I Sell My Property
  • When you sell a property, there is a chance you will have to pay Capital Gains Tax. Capital Gains Tax is the tax you pay on the increase in value you’ve incurred on the property. There are 2 types of Capital Gains Tax we will discuss:
  • Short-Term Capital Gains – This is when you buy and sell a property in less than one year. This type of capital gains is taxed at a higher tax rate.
  • Long-Term Capital Gains – This is when you buy and sell a property in more than one year. This type of capital gains is taxed at a lower tax rate.

Create an LLCCreate a CorpTax Returns in USA

  • Short Term Capital Gains
  • If a property is owned by an individual, or an LLC with individual owners, Short Term Capital Gains will be the same as your normal income tax rate. Later we will show you the tax breaks you get when the investment is long term capital gains. Remember, Short Term Capital Gains is when you buy and sell your property in Less Than One Year.
  • Marginal Tax RateTaxable IncomeIncome Tax is equal to:
    10%$0-$9,52010% of the income tax
    12%$9,951 – $40,5250$995 plus the 12% over the exess of $9,950
    22%$40,526 – $86,375$4,664 plus 22% over the exess of $40,525
    24%$86,376 – $164,925$14,751 plus 24% over the exess of $86,375
    32%$164,926- $209,425$33,603 plus 32% over the exess of $164,925
    35%$209,426 – $523,600$47,843 plus 35% over the exess of $209,425
    37%Over $523,601$157,804.25 plus 37%over the exess of $523,600

Create an LLCCreate a CorpTax Returns in USA

  • Long Term Capital Gains
  • If your investment was owned for more than 1 year, then Long Term Capital Gains will apply. This is generally lower than Short Term Capital Gains. Long Term Capital Gains also gives you a 0% tax bracket up to $38,600. Again, this bracket below is for investors that own a property under their individual names, or an LLC owned by individual members.
  • TAX BRACKET/RATEIndividual or Foreigner
    0%$0 – $40,400
    15%$40,401 – $445,850
    20%Over $445,851

Create an LLCCreate a CorpTax Returns in USA