There are several items to consider when planning for investments.  A few important items are discussed here.

Capital gains on property held one year or less are taxed at an individual's ordinary income tax rate. Capital gains on property held for more than one year are taxed at a maximum rate of 15% (0% if an individual is in the 10% or 15% marginal tax bracket-reduced).
 
In addition, you may want to time the sale of assets so as to have offsetting capital losses and gains. Capital losses may be fully deducted against capital gains and also may offset up to $3,000 of ordinary income ($1,500 for married filing separately). When and whether to recognize such losses should be analyzed in light of the changes in the capital gains rates applicable to your specific investments.

For more information or assistance in regards to investment planning, please contact one of our tax professionals.