I think this question might be better suited for the Tax Strategies or Real Estate Investing boards:http://fireboards.fool.com/Messages.asp?mid=18990399http://fireboards.fool.com/Messages.asp?mid=18983837I'm not a CPA and it clearly looks as though you will benefit from consulting one. You might want to inquire about a 1031 exchange if you want to sell the condo and puchase another property.Marv
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