u/Chocolate-T-Pot

Living in a fairly low tax rate location, approx 18% tax rate. It’s a VHCOLA, so pay close to $100k rent and other expenses add up. Gross about $300k and have managed not to have much US tax liability last few years. Have started leveraging short term opportunities in the market and some dividend plays. Last year this totaled only about $10k gains of which I paid close to $5k tax. This year I had close to $30k and paid $15k tax. Does this sound right?Should I be planning for approx 50% tax on any cap gains or divs going forwards, seems crazy.