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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (500)8/29/2001 2:50:34 PM
From: JusterRead Replies (1) | Respond to of 306849
 
SkeeterBug,

I was out of state so my rotten renters were chosen by my property mgr. In fact, I'm putting in my 2 yrs on that
house in San Diego so I don't have to pay capital gains.

Another way I heard of is if you have someone you trust,
such as a family member, buy 2 identical homes. You
rent to them and they rent to you. Advantage is the extra
tax write offs of depreciation and home improvements.

Then move back into the one you own 2 years before selling
to eliminate tax gains.

Justerx