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Author: TMFPixy Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19414  
Subject: Re: Real Estate LP Cap Gain Rate? Date: 5/2/2000 4:55 PM
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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
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