How will the IRS treat me??


From: "Your Name" <Broutek@worldnet.att.net>
Subject: How will the IRS treat me??
Date: Tue, 26 Jan 1999 15:59:51 -0600

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Hello - I've been living in my house for about 35 years and I'm 66 years
old. I bought the house for $35,000.

About 15 years ago I personally built a two apartment addition on to the
back of the house for $32,000, and I have been renting them ever since.

I will most probably sell my triplex for about $165,000. Generally how will
I be treated as far as taxes are concerned if I don't buy another house? I
am reluctant to sell it because of taxes. Cajun Joe


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