Message Font: Serif | Sans-Serif
No. of Recommendations: 0
I have rental property which I like to sell which may give me about 100000 in profit at this point I dont know how it will effect me as tax wise ? I also like to know whatis the best thing to do ? If I sell what sould do should I buy another property or put itin my house as more down payment ?any suggetion please respond . thanks in advance.
Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.