Selling a rental? Capital gains, 1031 exchange explained
Question: We know that the tax laws allow homeowners to sell their house and keep the profits tax-free, but what about rental properties? We own a rental house and we want to know if we can sell it and keep some or all of the profits tax-free.
J.C., Everett
Answer: [...]
Lincoln Alderman disagrees with real estate tax complaints
By Kevin Barlow
LINCOLN, IL — Lincoln Alderman Buzz Busby sent a message at Monday night’s City Council meeting to residents who complain about their real estate taxes.
Busby said he hears every year from constituents who believe real estate taxes in the city are too expensive.
“I disagree, though,” Busby [...]
This is the weblog of Lance Puig, an entrepreneur and real-estate investor based in Dallas, Texas. He blogs about creative real estate investment vehicles and management strategies. Read more about Lance's company, York Street Properties.
View York's current portfolio of homes for sale. info@yorkstreetproperties.com 800.682.3955
