how long can you hold two properties before you pay capital gains
Time is the most important factor If you owned the investment (or property) for less than one year, your profits are taxed as ordinary income. If you held on for more than a year, you'll pay the lower capital gains rates. As of 2014, the long-term capital gains tax rate for the 10% and 15% tax brackets is 0%.In other words, if your ordinary taxable income is less than $36,900 ($73,800 for married couples filing jointly), you'll pay absolutely no tax if you sell long-term stock holdings for a profit.f you held on for more than a year, you'll pay the lower capital gains rates. As of 2014, the long-term capital gains tax rate for the 10% and 15% tax brackets is 0%.