You've been voted off the island!

 

Effin taxes. Worst case scenario I will pay 100k for the privilege of selling my property. Sux!

 

again ?

 

That thing has a great looking beltdrive on it , wonder where they got it from?

 

Lou you will be providing humanitarian aid to an illegal alien. You should feel proud.

 

good looking, but my old *** could never ride it without going into traction afterwards

 

I'm sure it gets good traction.

 

Lou, have your tax rep advise you on a 1031 tax deferred exchange or selling on an installment sale basis so you only pay tax on gains received in any calendar year.

Craig, please pick up the house phone, customer waiting

 

Lou, look on the bright side, you getting so much in return from the government ....


Lolol

 

She offered that advice. She needs to look at exactly what I will be paying first. Worst case is 15% Fed, 10% State and bumping me into the next tax bracket on income taxes and another 10% to the selling agent. At a guestimate of value of 350k it will be a lot of taxes. What I dont get is I sell it and pay the Feds and State then they get me again on income. Thats taxing the sale twice isnt it?