Resale price $1,300,000
Less: Transaction costs - 100,000
Outstanding mortgage - 900,000
Tax on gain - 180,000
_________
After-tax proceeds from resale $ 120,000
After-Tax Proceeds
| Real Estate Dictionary: After-Tax Proceeds |
| 5min Related Video: After-Tax Proceeds |
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 | Before-Tax Equity Reversion |
| After-Tax Proceeds from Resale (business term) |
| Dover Corporation |
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 | Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved. Read more |
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