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And doesn’t pay taxes on it
Posted by: dramedy 01:52 pm EDT 09/12/21
In reply to: Shuberts sell 2 parcels on 8th Ave and air rights above Imperial for $82.3 million - EasyToRemember 01:31 pm EDT 09/12/21

That used to be the case with home owners to buy more expensive and then rollover profit into the new home. But the $250k/$500k law changed that for individual/married. I’m surprised (well I shouldn’t be for corporate tax breaks) that shuberts can keep rolling this over indefinitely. No wonder the middle class pay all the taxes.
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Previous: re: Shuberts sell 2 parcels on 8th Ave and air rights above Imperial for $82.3 million - jgerard 01:38 pm EDT 09/13/21
Next: Shuberts: Nice work if you can get it - Kerick 04:44 pm EDT 09/12/21
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