Deductions & credits

@cwilbur2 - well, I am going to provide a different answer.

 

When you state 'personal' real estate, is that your personal residence?

 

if you lived in that home at least 2 of the 5 years leading up to the sale date, you can exclude $250,000 of capital gains, so the tax would be zero if that were true

 

Otherwise, go with  @TomD8 's response