He also says he donated to charity the cash he got from Gaddafi for
the rental of a piece of land in Westchester on which the Libyan leader was blocked from pitching his infamous tent.
Not exact matches
«We buy a
piece of land and then build multi-family condos or
rental units
of single homes,» explains Kraatz.
With respect to your
rental investment property the only way you may avoid recognizing any gain on the sale
of the property, is to properly complete an IRC Sec. 1031 exchange into another
piece of real property (i.e. another
piece of land or
rental property).