Home sales tax question

Hey everyone,

Not sure if this is the correct subreddit to submit this to, but:

I've owned a property as a secondary home for three years, and rented it out this past year, and will look to sell it early next year. I've heard one incurs capital gains tax if you sell a primary home before owning it 2 years, and conversely if you sell a rental property after owning it 2 years.

Would anyone know if I would be outside this window of incurring capital gains by selling it next year (less than two years owned as a rental)?

More real estate tips at Program Realty Wix site


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