Posted by Bob on April 09, 2004 at 08:23:44:
Mr. Behle used an example of selling 1 million in performing mortgages to a bank (purchased at 80% of face or less) at par in return for buying $200k in real estate from them at par. Question: isn't that $200k a taxable realized gain, so after you tax you can't actually buy $200k in property? How can you mitigate the tax hit?
- Re: overtrading question JackM. 09:27:39 7/12/2005 (0)
- Re: overtrading question Ron Worden 14:27:16 11/22/2004 (0)
- Re: overtrading question Adam Beard 09:07:41 9/28/2004 (0)
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