Quote:
Originally Posted by regency
Recently sold my one, only & last Rental house. Purchased it in 02, did a bunch of work & up-grades throughout the years. When the financial dust settles, I expect to break even ( I hope ).
So, at the Title Company yesterday, The State of California takes 3-1/3% off the top and then when I do my taxes, we'll see what I will owe or maybe a refund. Fine, I'm ok with that. The STUPID comes in the form of a $50.00 Fee to pay the 3-1/3%.
1973 911 T MFI Coupe, Aubergine
1970 FJ40
Steve
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Tell your escrow officer to remove it and pay it later on your gain (if there are any?) when you file in April.