[continued from previous message]   
      
   There's also a lot of record keeping and tax consequences.  If they've   
   held the property for at least 5 years, they can get UP TO a $500k   
   tax deduction on the capital gain (what they paid for it and put into   
   it for improvements verses what it sells for).  See IRS Publication   
   523 ("Selling your home" - maybe at www.irs.gov/pub523) for details.   
      
           Old guy   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)