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Investors & landlords
Understand that your income will increase with the sale of that rental property---you do not just count your "normal" income----the money you receive from the sale of that property counts too. So expect to pay some capital gain tax.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
‎November 30, 2023
2:19 PM