View Single Post
Old 03-22-2006, 11:53 PM   #48
Shazam
Franchise Player
 
Shazam's Avatar
 
Join Date: Aug 2005
Location: Memento Mori
Exp:
Default

Only your primary residence is tax exempt from capital gains.

Of course, you can always set up a corporation and get around those rules in various ways, but you'll still pay taxes in one form or another.
Shazam is offline   Reply With Quote