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Old 05-19-2009, 04:37 PM   #9
Brock Brock is offline
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Join Date: Aug 2000
Location: Larryville
Casino cash: $9598422
The way I understand it, no matter if you just inherited it, the government treats it like long term capital gain. My recommendation? Keep it and rent it out. It's income, and more importantly, business expenses give you the opportunity to **** the government for a change.
Posts: 47,314
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