Money

Daily Local News (West Chester, PA) - - MARKETPLACE -

can’t tell you what Dis­cover is sup­posed to do, but I am cer­tain that there are lots of peo­ple

who would agree with you that it isn’t do­ing enough, and as a con­se­quence, it costs you time and money. The only thing you can do is find another credit card com­pany to deal with, work it out with Dis­cover or suck

it up! DEAR BRUCE: >> I have a com­mer­cial prop­erty rented out and in­come taxed. It has a small piece of va­cant land, which I want to sell to a third party. Are the pro­ceeds of that land sale tax­able?

-- J.M. DEAR J.M.: >> With­out know­ing the his­tory of the prop­erty, its ac­qui­si­tion cost and ex­penses, I can’t ac­cu­rately tell you the an­swer to your ques­tion. But the like­li­hood is that the pro­ceeds of the

land will be at least par­tially tax­able.

Send ques­tions to bruce@ brucewil­liams.com. Ques­tions of gen­eral in­ter­est will be an­swered in fu­ture col­umns.

Ow­ing to the vol­ume of mail, per­sonal replies can­not be pro­vided. The Bruce Wil­liams Ra­dio Show can now be heard 24/7 via iTunes and at www.taera­dio.com. It is also avail­able at www. brucewil­liams.com.

Money & mar­kets

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