Quote:
Originally posted by Serge_Oprano@Nov 11 2003, 02:20 PM
Brad....I sold house in NJ yesterday....bought it in 98....care to estimate capital gain?
;-))))
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Wow, that was excellent timing selling your investment property. Housing prices and and stock prices are setting up for a big drop between now and late 2004.
I sold a house here in Las Vegas a few months ago, I could have waited till now and got a bit more but I was glad to get rid of it near the top of the local market. Since it was my primary residence for more than 2 out of the past 5 years I do not have to pay any capital gain taxes either.