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      07-07-2007, 09:12 PM   #51
nimamilani
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Drives: BMW 325I
Join Date: Aug 2006
Location: California

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yea, but the capital tax exemption is only for 1)if you are the primary resident of that house 2) it only applies to 500 thousand dollars and on the rest you have to pay the tax.
so how can you have tax ride off on a house that you don't reside in, unless you are lying to the state of california. i don't know where you purchase these "properties" but alhambra isn't that high class to have a 3 millino dollar house.
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