Taxed as short-term capital gains at your ordinary income tax rate (up to 37%).
The primary financial risk of selling within two years is missing the . buying and selling a house within 2 years
You may qualify for a partial exclusion if the move is forced by "unforeseen circumstances," such as a job change (requiring a commute of 50+ miles more), health issues, divorce, or multiple births. Topic no. 701, Sale of your home | Internal Revenue Service Taxed as short-term capital gains at your ordinary
If you sell before this 24-month mark, your profit is generally taxed as capital gains. or multiple births. Topic no. 701