I would have stayed in my first house longer than 10 months. I was anxious to get out when a nicer, new product was built, but I'm going to get killed with capital gains taxes - at over 30%. I wish I hadn't been so antsy, and stayed there two years so I could keep all the profit. The only good thing is that I've rented it out. But I could have done that down the road... It appreciated over $60,000 in less than a year ~ and someday the govt. is going to get a HUGE chunk of that.
