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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] holding property to pay less tax Posted by rickrojas on January 20, 2004 at 4:54 PM I have heard that if I buy a property as an investment and rent it out for a year and then sell it, I only have to pay 15% in taxes, as oppose to buying and selling right away (flipping). Is this correct, or did I get the numbers incorrectly? Follow Ups: Re: holding property to pay less tax Lughead 8:26 PM, 01/20/04 (0) Post a Followup: Name : E-Mail : Subject : Comments: : I have heard that if I buy a property as an investment and rent it out for a year and then sell it, I only have to pay 15% in taxes, as oppose to buying and selling right away (flipping). Is this correct, or did I get the numbers incorrectly? Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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