Thanks for this great answer. Everyone has really helped out. We need to dig deeper into our pockets than previously hoped but we are forewarned with the great ...
Thanks Carl for your answer, It sounds like the smart thing would be to hold back 20% of the $90K long term capital gain (( $175K sales price less ($35K sales e...
Thanks for your insights. We aren't interested in doing the like exchange to avoid taxes on the rental property. As retirees, our outlook is no longer one of di...