|Re: capital gains tax experience||<– Date –> <– Thread –>|
|From: PattyMara (PattyMaraaol.com)|
|Date: Tue, 21 Jul 1998 22:27:32 -0500|
In a message dated 98-07-21 00:25:44 EDT,Sharon Villines writs: << Can't they buy before the move-in? >> Cap gains tax law requires the purchase of a full time replacement home. That means closing escrow, which means a certificate of occupancy has to be issued, which means (in California at least) final inspection, AND completion of the common properties (common house, parking lots, pathways, landscaping etc) OR a bond for completion on all of the above (we're looking into this). Patty
Results generated by Tiger Technologies Web hosting using MHonArc.