Thank you for pointing out the new NII tax on top of the capital gain tax and the state tax that I may have to pay, not to mention about the AMT angle. The property will be sold as is so I probably have to pay for cost of sale only. The big number is the capital gain tax to both state and federal to the tune of 45K to 50k. I guess it is a nice problem to have.Again, thank you for your reply. Much appreciated!
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