Replies to post #706928 on Fannie Mae-No Politics (FNMA)

[Donotunderstand]

wow that is ugly

or

Real Estate Owners can avoid capital gains with swaps and then the Kids get it no tax

buy at 300K and swap for another at 600K then another at 1.2MM

it is like being able to swap

MSFT bought for a total of 50K

then

you take the NOW 200K and buy Google

with NO ZERO capital gain tax as its a TRANSFER