Scott13105
Returning Member

Investors & landlords

Would cap gains on the sale of this property have to be paid in the year they are recognized (i.e. property sold in 2022, taxes paid in 2022)? Or do you wait til the next filing year (sold in 2023, cap gains included on 2022 return that's filed in 2023). Wasn't sure if it's like paying estimated taxes or not.