To: svcw
In order not to pay gigantic taxes the government allows one to take the amount one gets when selling a property and shield it n a 1031 and reinvest it in equal or greater value properties within a 60 or 90 day time period.
5 posted on
07/28/2010 6:01:58 PM PDT by
Chickensoup
(I am absolutely done. I am a conservative libertarian.)
To: Chickensoup
Thanks for the additional information. Good luck.
6 posted on
07/28/2010 6:03:13 PM PDT by
svcw
(Real faith is always increased by opposition, false confidence is damaged & discouraged by it)
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