Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 3 years ago on . Most recent reply

Capital Gains Tax Question
Hi, I have a motivated seller ready to sell his Mom's house in Texas. She hasn't been in the property for 5 years and has been in an assisted living facility. The property has been rented out for that period of time. Will she have to pay a capital gains tax on her property if she sells before passing away(Mom is 89)? Trying to help the seller avoid taking a tax hit, but I also want to purchase the property. This will my primary residence and he mentioned rent-to-own until Mom passes on. Thanks for your thoughts in advance!
Most Popular Reply

I completely agree, seller finance is the best way to go on this one.