A Bailout with a Parachute that works!!
By Carlos Arvizu, (R.V. Zoo)
(Carlos R. Arvizu Sr. with Prudential California Realy)
Baffled by all the political posturing? If I were running for public office, here is what I would do since having Mastered Real Estate and Economics 101; 1. Reduce the Capital Gains tax to 5%, what this will do is encourage those that are holding long term capital gains to sell. First of all, what is considered a capital gain? Some people think this is only for the rich, think again. A sale of stock, mutual funds or bonds fall in that category, as well as other long term gains, such as a real estate investment, apartment building containing 1 to 4 units, is also considered a capital gain. Most people don't realize it, your home could be a capital gain if you made more than the allowable profit, as an example; you bought a home for $85,000 and you sold it fo...
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