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Clay Rikard
  • Rental Property Investor
  • Fort Walton Beach, FL
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15
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Capital Gain or Not?

Clay Rikard
  • Rental Property Investor
  • Fort Walton Beach, FL
Posted Jun 14 2018, 08:35
If I buy a property for $45,000 cash. Three years go by and I break even from rental income. If I sell the property today for $30,000 is it a gain or loss?