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Lisapiesto -  Rank: N/A  |  Total Points: 205

Lisapiesto

27 Feb 2009

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Lisapiesto

I think I worded that wrong. I have had a rental property for 2 yrs. I was told if I keep it another year or more, I will have to pay capital gains on the profit when I go to sell it....unless I reinvest in another investment property. I am currently renting in another state & was thinking about buying a house but keeping my investment, which brings in about $500 profit each month. I have been told both...sell now or hold onto it indefinitely. Advise?

by Lisapiesto  10 months ago Report

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