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Topic | Politics Containment Topic 329: There's No Debate |
red sox 777 10/16/20 4:29:42 PM #132: | It's really quite unfair. If you sell Apple stock for a gain and buy Microsoft, say, you have to pay capital gains tax on the Apple gains right away. But if you sell real estate and reinvest the money in another piece of real estate, you get to defer your tax. And if you sell the second property and buy a third property - again you can defer the tax. Ad inifinitum. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! ... Copied to Clipboard! |
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