I purchased a vacant lot in March 2024 for $600,000, and I have hired a general contractor to erect a new construction home, which I anticipate will cost $1,000,000 to erect. I anticipate that the home will be completed in August 2025 with a total cost to construct of $1,600,000. If I were to sell the property in September 2025 for $2,500,000, would I be able to structure the purchase contract to sell the land at a value of $1,500,000 and the home at a value of $1,000,000 in order to qualify the capital gains to be treated as long-term?