Couple days ago, me and my wife are thinking of listing one of our properties so we can jump into another one for a better investment. One thing that really bothers us was how much we would be taxed for capital gains tax. It was 9pm at night and I did not think my accountant would answer my text / phone. So I went online and find this interesting website that actually has capital gains taxes calculator that I found really useful. For everyone who is curious about your capital gains will be when you try to profit your investment, this is probably something that you will find it useful as well.
Here is the link to Smart Asset's Capital Gains Tax calculator :
The interface of the calculator looks like the following picture:
It also gives you the insight of where each of your money is taxed:
Hopefully it helps all the investors when they make their best decision on their investment.
For any questions about real estate investment, please feel free to contact me.