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Old 07-31-2012, 11:51 AM  
baddog
So Fucking Banned
 
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Join Date: Apr 2001
Location: the beach, SoCal
Posts: 107,090
Quote:
Originally Posted by PR_Glen View Post
why not leave it as a rental? I imagine it would bring in constant cash flow that isn't taxable if you do it right. If you sell it then you have to pay capital gains on it instead.
It is not currently being rented.

Quote:
Originally Posted by Wizzo View Post
I did that with my 1st house and after 3 or 4 years they re-financed through a bank and I got paid in full with a few years of interest, so turned out better then if I would have just sold it outright.
Thanks, I may hit you up on FB for more details.
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