Purchase ideas on portfolio

[Jacob Stevenson]

I'm discussing the purchase of eight properties with a retired owner. He sold a couple of his last year and one of his biggest concerns is not paying more taxes.  He also wants around 180 k to pay off existing debt and be debt free.  

My goal is to get all the properties under contract, I have enough money to do 20% on the portfolio but would prefer to not use all my cash.  

Any suggestions on ways I can structure the deal to limit his tax burden, get him the cash he needs, and preserve what I can to find more properties.  

thank you

[Kyle Tusing]

Sounds like you came across a great deal, I have been thinking of the best way to do this but so far not much has came to mind. The only idea I have would be to have a contract where you take a portion of the properties this year and cover part of the existing debt but limit the retired owners gains to under the 250k for capital gains if possible. then take the other portion next year to limit his tax liability and additionally recoup some of your cash lost from the first half purchase.