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Selling assets before divorce is something that many who find themselves in this type of stressful situation may attempt to do. It is a rough time that the couple is going through and there are a lot of mixed emotions.
While you’ve gained a new property that can drastically improve your standard of living, you’ve also lost a loved one. Making decisions while you’re grieving can seem impossible.
The first thing you are going to want to become familiar with is the tax implications when selling rental property. This is going to involve capital gains or capital losses.
Selling rental property in today’s market can be complicated. Knowing when to sell your property is just one of many questions you might have.