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09-21-2004, 12:03 PM

#11

fnordfnordhummingbird

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Tax Advice Needed!!

Quote:

Originally posted by dtb
So, is there any way to avoid capital gains taxes on the sale of a non-primary residence?

Burn it down for the insurance money. Full value of the house and no taxes, plus you save those pesky agent commissions and title search expenses.

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