Heavier taxation on passive income than earned income?

The author of more than 30 books including Taxation of Damage Awards & Settlement Payments (4th Ed., 2009), he can be reached at [email protected].

This principle of land valuation tied to its improvement using a simple formula (as the basis), that is the ratio of the dollar depreciation per square footage as one indicator to determine what is speculative and what is not, can then be used for property taxation basis.

I know quite a bit about cross border taxation, but not enough to call myself a specialist in it (yet).  

If one decides to reside in one of the units for 2 years prior to selling will the $500k exclusion take place and gains taxation would only be imposed on a selling price of $600k or higher?

My questions is two fold: with the gain on sale of the profits from the actual purchase price and the price sold, how long do I have to do divert the gain into another property to avoid taxation?

For any questions it does not answer, it tells you who you can contact for more details.http://www.state.nj.us/treasury/taxation/pdf/lpt/p...

H: Yes, in conjunction with the Canadian corp to help avoid double taxation by the CRA.

Effectively, you've only paid the tax once due to the other state tax credit, but you're always going to pay that state tax at the highest rate between the two states.

Robert, is there any kind of transfer tax, at a % rate for sales there?