SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: Jon Tara who wrote (13297)7/6/2001 6:54:25 PM
From: ig  Read Replies (1) | Respond to of 18137
 
Yes, I meant 2002, of course.

:-)

I see your point about sometimes HAVING to sell a house, but if that is the case, then it's likely they don't have the option of waiting for their 2-year residency requirement to kick in, no? If they MUST sell for some reason, then they must. If they can wait for the 2-year time-limit to kick in, then maybe they can wait for for the market to recover (in their dreams), too.

Anyway, thanks again for that thought. I have some Silicon Valley real estate investments to manage and I will definitely be meditating on this observation of yours.

ig



To: Jon Tara who wrote (13297)7/7/2001 8:58:31 AM
From: DismalScientist  Read Replies (1) | Respond to of 18137
 
<< newly-rich tech investors who bought their new homes near the top, say, around January 2000, give or take a few months, will be able to avoid capital gains if they wait until after January 2002 to sell >>

What am I missing? If someone bought near the peak and is now selling at a large discount to that price (30 to 40% in Silicon Valley) , what capital GAINS tax are we talking about?


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News