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Once again, it's time for the FNGT!

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**Once again, it's time for the FNGT!** If you don't know how this works, [click this link](https://fngt.gq/index.php?page=intro). That link will take you to another site to give you some additional information and tell you about some of our off-site features. That's also the site where we will host the weekly guitar threads, should Poal go down. **NOTE:** That site is by invitation only. If you want an invite, and you're a regular participant, then just ask COF, Crazy, or myself. If you do know what's going on, you probably don't need to click that link - but you may want to, to make sure you know of the other features, such as the archive or a separate forum that's invite only. Remember, we are guests here on Poal. Let's act like it. If you're interested in supporting Poal, then [you can donate](https://poal.co/donate).

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[–] • 0 pt

I started buying some as early as late 2007 or early 2008. Actually, I had an agent buy it and a property management company maintain it. Most of the properties I'm selling are improved properties with rental income. So, they've been paying me most of the time since then. But, now it just makes more sense to liquidate them because they've shot up so high in value. So, I'm going to liquidate some.

Oddly, it is almost more work to sell them than it was to buy them. I've gotta do things like deal with leases and shit like that. Well, no... It has to be dealt with, but I don't have to do it. I just need to make calls, agree to terms, and sign papers. Still, it's more calls than I expected. I haven't yet seen the mountains of paperwork I'll end up signing.

I suspect the properties will sell quickly. I hope so.

[–] • 0 pt

I hope it sells in time for you to send the money to Mercedes

[–] • 0 pt

If not, I'll just move different money and replace it when the property does sell. One of the big concerns with this is taxes. The government taxes the movement of money. If you have money in your pocket, the government doesn't tax it. If you buy a pair of pants, they tax the sale.

So, the goal is to move money as little as possible, and to move it to tax-advantageous conditions. If you're quick about it and move money from one investment to another investment of similar tax burden, you often can avoid some of the taxation on that money movement.

Tax avoidance is perfectly legal. Tax evasion is when they send you straight to prison.

[–] • 0 pt

LoL Avoidance and evasion are basically the same thing, semantics, one is legal and the other is not!

But yeah, capitol gains on those properties will take a nice chunk of the profits from you unless you can avoid paying them by investing in another property or something quickly I believe. I am not positive, as I don't ever have to deal with that, but I think you can avoid paying that if you re-invest the funds