Comments on: Real Estate Capital Gains http://www.realestateradiousa.com/2009/03/01/real-estate-capital-gains/ Internet Money! Money On The Internet! Sun, 14 Mar 2010 22:11:56 -0500 http://wordpress.org/?v=2.9.2 hourly 1 By: sarah mecklem http://www.realestateradiousa.com/2009/03/01/real-estate-capital-gains/comment-page-1/#comment-6770 sarah mecklem Fri, 26 Feb 2010 02:01:25 +0000 http://www.realestateradiousa.com/blog/?p=12279#comment-6770 I bought a mixed use building in 1998, renovated 2 spaces where I lived & worked until Dec.2007 when I bought and moved to another home. The mixed use building has 2 commercial spaces and 3 apartments which are now all rented. I put the building on the market in Sept but am wondering about capital gains impact. Does this building qualify as my home which it was for 9 years even though it is a mixed use building? Or will it fall under another category and if so what would be the capital gains application. I would be using the money from the sale to pay down my new mortgage. Can you e-mail your response? Thank you. Sarah Mecklem I bought a mixed use building in 1998, renovated 2 spaces where I lived & worked until Dec.2007 when I bought and moved to another home. The mixed use building has 2 commercial spaces and 3 apartments which are now all rented. I put the building on the market in Sept but am wondering about capital gains impact. Does this building qualify as my home which it was for 9 years even though it is a mixed use building? Or will it fall under another category and if so what would be the capital gains application. I would be using the money from the sale to pay down my new mortgage. Can you e-mail your response?

Thank you. Sarah Mecklem

]]> By: Ademar Ramirez http://www.realestateradiousa.com/2009/03/01/real-estate-capital-gains/comment-page-1/#comment-4541 Ademar Ramirez Wed, 15 Apr 2009 17:18:54 +0000 http://www.realestateradiousa.com/blog/?p=12279#comment-4541 This is actually a question. I'd like to know what are the tax consequences when you short sale your investment property. If you can respond via e-mail. Thank you. This is actually a question. I’d like to know what are the tax consequences when you short sale your investment property. If you can respond via e-mail.

Thank you.

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