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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Nothing to do with 1031... Posted by Ward-CA- on January 29, 2004 at 11:11 AM In Reply to: 1031 exchange or ? posted by Dee CA on January 28, 2004 at 5:54 PM : Would it be a taxable event for capital gains if i sell one of my rentals and took the proceeds and payed off another rental property that I own. : Thanks.. Dee : Ward, heard you're coming out to the RE Investors meeting over here in the Inland Empire in March. See ya there ============ Dee, It's a taxable event whenever you sell property. It doesn't matter what you do with the sale proceeds afterwards. I really look forward to the March meeting. It will be a new event for me to participate in. Hope this helps. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : Would it be a taxable event for capital gains if i sell one of my rentals and took the proceeds and payed off another rental property that I own. : : Thanks.. Dee : : Ward, heard you're coming out to the RE Investors meeting over here in the Inland Empire in March. See ya there : ============ : Dee, : It's a taxable event whenever you sell property. It doesn't matter what you do with the sale proceeds afterwards. : I really look forward to the March meeting. It will be a new event for me to participate in. : Hope this helps. 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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