FEDERAL CAPITAL GAINS RATE
Profits you earn from the sale of most assets are taxed as capital gains by the federal government. Gains from the sale of assets held for more than a year are deemed “long-term” capital gains which are typically taxed at lower rates than gains on assets held less than for one year (short-term capital gains).
The sale of investment property held for rental purposes is subject to federal capital gains tax. Tax rates range from 0% to 20% depending on your taxable income, as shown in this table: