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Updated almost 4 years ago on . Most recent reply

User Stats

135
Posts
145
Votes
Tesho Akindele
  • Rental Property Investor
  • Orlando, Fl
145
Votes |
135
Posts

Taxes on Quick Sale of Rental Property

Tesho Akindele
  • Rental Property Investor
  • Orlando, Fl
Posted

How do taxes work if I sell a rental property for a gain within a year of purchasing it? Am I able to deduct all of my expenses from operating the rental against the gain from the sale?

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