真是这样吗？

if I bought my house 10 years ago for $400K and the market price is around 1.0M in 2005, I started renting my house in 2007 when the price is $80M, if I decided to sell now for $80M, do I need to pay capital gain?
If we are using 2007 price, I did not gain anyting, but if we are using purchase price, my gain is $400K.

I am confused. And I hope that you are right :-)

所有跟帖： 

• chuh123, please chime in. -RE8888- ♂ (671 bytes) () 02/02/2010 postreply 23:20:37

• re8888 is about right. -chuh123- ♂ (570 bytes) () 02/03/2010 postreply 12:18:49

• Thanks! -RE8888- ♂ (8 bytes) () 02/03/2010 postreply 14:19:56