Yes, the long-term capital gains tax rate for the tax brackets 10% and 15% is zero. However, you will have depreciation recapture on the rental property at a rate of 25%. You can get an idea of the taxes that your may owe by using a calculator tool with the depreciation recapture. Listed below is one calculator, but you can search for others. Enter data through step 3 in the calculator.
Capital Gains Calculator with Depreciation Recapture
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