Capital Gains Tax Rate 2024 Home Sale List. You’ll pay a tax rate of 0%, 15% or 20% on gains from the sale of. In their march 2024 economic and fiscal outlook (efo), the obr estimate that the cut in capital gains tax payable on residential property gains increases property transactions by.

• the length of time you own the asset (called the holding period), and • your level of taxable. This means that if you sell your home for a gain of less than $250,000 (or $500,000 if married, filing jointly), you will not be obligated to pay capital gains tax on that amount.