Capital Gains Tax for investment properties

[Gregorio Martinez]

For every investment property held less than an year, is it required to pay a capital gains tax after the sell? If so how does that work?

[Omar Khan]

@Gregorio Martinez The capital gains tax does NOT apply on assets held less than a year. You will be taxed at your marginal tax rate.

Best bet: Consult your CPA and try to not do you taxes yourself.