The primary reason for this is that long - term federal capital gains tax rates historically have been substantially lower than short - term capital gains tax rates and ordinary income tax rates. (financialplannerpasadena.com)
If you are in the 10 percent tax bracket, you pay nothing in federal capital gains taxes. (thefinancialjourneyman.com)
Selling the marital home will allow up to $ 500,000 in profit to be excluded from federal capital gain taxes. (massrealestatenews.com)