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Selling rental property with tenants is quite common and many landlords are faced with the decision to sell whether they like it or not.
When dealing with rental houses, there are lots of potential issues that can arise. Evicting a tenant can be added stress to a landlord’s life.
The taxes for selling rental property in Iowa can be incredibly confusing for plenty of reasons, but don’t worry – I’m here to help you out.
The first thing you are going to want to become familiar with is the tax implications when selling rental property. This is going to involve capital gains or capital losses.