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Old 12-23-2005, 03:54 PM
KaneKungFu123 KaneKungFu123 is offline
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Join Date: Feb 2005
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Default Re: 250K Gain Tax Exclusion on Real estate

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and he doesnt have to pay taxes on rental income because he is underaged.

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Underaged in regard to taxes?... no such thing!

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Hmmm... I was jsut skiming through "Pay Zero Taxes 2006". Maybe, they pay less because their income is smaller. Not sure exactly. Will give more info when I actually read it.
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