As a seller, you will be subject to real estate gains tax. This tax is calculated on the capital gain realized on the sale of your property. The tax rate on real estate gains varies depending on the gain made and the number of years of ownership of the property. It is recommended to call on real estate professionals to help you estimate the value of your property and complete the real estate gains tax declaration. They will be able to guide you throughout the sales process and help you optimize your tax situation.