1 West Vancouver Residence Sells For $1.1 Million Over Asking
luisespino978 edited this page 2025-06-02 18:45:12 +02:00
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Paid 2 half% to itemizing and buying agent each. Which means that even when you purchase a house for $600k and promote it for $550k, you may still owe taxes when you've got been depreciating it for a couple of years. It was breath-taking"…almost 50% of the profit" would go to State, native and Federal taxes. The year you sell the home, it's important to pay tax so the federal government can recapture' the entire depreciation you claimed over the past X years that the property has been a rental.

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