Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
WTR asks:

<<my question is simply, "If I sell this real estate LP, is the long term capital gain rate that would apply to this sale 20% or the 25% rate?" I posted this question originally on the Tax Strategies Board (Post 35283) but I didn't know if Pixey hangs out there too! >>

I lurk there on occasion, but I leave the tax questions to the experts. Roy Lewis (TMF Taxes) and I have a mutual understanding. He leaves most retirement questions to me, and I leave most tax questions to him. This is one that quite frankly I don't have the expertise to answer with certainty. Therefore, I'll leave it to the experts on the Tax Strategies board.

Regards..Pixy
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
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.
Advertisement