Once capital gains are paid is the balance still taxable regular income. I have several rental properties and want to sell them all in a package.
Once depreciation is paid back and capital gains are paid.. will the balance of the sale price be considered regular income and be taxed at what ever my normal rate would be.... is there anyway to minimize the tax liability in this case.
Would it be significantly better to sell say 2 per year until the 12 or sold in other words will the sale of all 12 in one year eat me alive with tax. |