On Jan 2, 2009, at 12:42 PM, Dan wrote:

> Well, both of you are right, but if the gain that can be written off
> is only $500,000, how do you know if you exceeded that if you never
> kept track of it?


Dan,

For me it's highly unlikely that I'll ever make that kind of profit  
selling my homes. I'm really good at "buy high, sell low." ;-)

Peace,

Kevin Hoctor
[email protected]
No Thirst Software LLC
http://nothirst.com
http://kevinhoctor.blogspot.com






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