Investors & landlords

you will owe capital gains tax but that's part of the total income taxes.  a way to look at it is you'll pay tax on the capital gains and non-capital gains taxes on your other income 

 

2) likely because the gain will increase your adjusted gross income

see page 31 of 1040 instructions to determine taxability.

https://www.irs.gov/pub/irs-pdf/i1040gi.pdf