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Updated about 9 years ago,

User Stats

35
Posts
12
Votes
David Rollings
  • Investor
  • Indianapolis, IN
12
Votes |
35
Posts

Tax on sale of real estate

David Rollings
  • Investor
  • Indianapolis, IN
Posted

I currently own 21 properties in Indianapolis.  I have never sold one of my properties.  Someone recently contacted me with interest in buying a few of my properties.  I am curious to know how to figure the amount of tax I will owe on the sale of these properties.  Is there anyone out there who understands taxes on the sale of property in Indianapolis?  Is there a specified amount of time I should hold properties before selling in order to pay the least amount of tax?

Thank you,

David 

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