Lisapiesto - Rank: N/A | Total Points: 205
27 Feb 2009
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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?
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Do I Have To Sell My Investment Property After A Few Years?
in Renting Property asked 10 months ago - 1 answer
