Note that if you paid a sales commission on the sale of your
income property, your gain or profit from the sale would be reduced
by the amount of the sales commission.
For income property held less than one year, your
gain on the sale of a property will be taxed at
ordinary income tax rates. To determine at what
rate your income property sale will be taxed at, click on the
link below to look up your marginal income tax rate.
The On Target real estate investment software applies your
capital gains rate and unrecapture depreciation tax rate to the proceeds from sale on the Sale of
Property report. To order On Target for just $99.95 click on
To learn more about the On
Target software, go to
. The On Target real estate software includes a 30 day money
back guarantee and free support.
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