LinkShare_468x60v1

Taxes You Need to Pay When Selling Your Rental

Taxes – UGH! Unless you’re an accountant with a love for numbers, the word probably brings with it a feeling of dread when you hear it. Some folks pay them annually to the IRS. Others must pay them quarterly. And we all get to pay them daily when we purchase stuff. Like death, they cannot be avoided! And if you’re selling your rental, there are a couple tax basics you should know. First, your rental is a business asset. So the…