AmyC
Employee Tax Expert

Investors & landlords

Yes, once the forms are finished at the federal and state levels you probably will see an increase after 48 years in your home. Selling two houses in one year is a large bump in income which does affect your capital gains tax rate used.

Best wishes on your new adventure!

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"