Taxed as long-term capital gains , typically at rates of 0%, 15%, or 20% depending on your income.
If you sell before this 24-month mark, your profit is generally taxed as capital gains. buying and selling a house within 2 years
To exclude up to $250,000 (single) or $500,000 (married filing jointly) in profit from taxes, you must have owned and used the home as your primary residence for at least 24 months (730 days) within the five years prior to the sale. Taxed as long-term capital gains , typically at