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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Qone0 who wrote (26542)9/28/2020 12:21:34 AM
From: Winfastorlose2 Recommendations

Recommended By
pak73
sixty2nds

  Read Replies (1) | Respond to of 33421
 
You obviously are not paying attention. I have said repeatedly that the pay off comes from selling or "flipping" the property. You appear to be an extremely intelligent guy until you start to talk about politics. Then it seems you are out to lunch. :) Don't let TDS destroy your life. lol



To: Qone0 who wrote (26542)9/28/2020 12:27:10 AM
From: sixty2nds2 Recommendations

Recommended By
pak73
Winfastorlose

  Read Replies (1) | Respond to of 33421
 
I just sold a rental property that I have held for 30 years.

You really don't want to do that if taxes drive your decision.

Uncle Trump recaptures depreciation.

Then there is the Capital Gains.

You really want to pass it on or do a 1031 exchange.

I chose to exit the Landlord Biz.

Many do not.