Review Of Nj Capital Gains Tax On Second Home 2022. “if the capital gain on the sale of your second home hits. If you sell property that is not your main home (including a second home) that you’ve held for at least a year, you.

If your second home is an investment property, you pay capital gains tax at 0, 15 or 20 percent, depending on your income. However, the rules for the capital gains tax exclusion on a second home sale are tricky. If you live in your second home, exclusions apply.





