Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago,

User Stats

26
Posts
8
Votes
Adam Harward
Pro Member
  • Real Estate Investor
  • Provo, UT
8
Votes |
26
Posts

Need help with strategy buying from older Sellers

Adam Harward
Pro Member
  • Real Estate Investor
  • Provo, UT
Posted

I'm looking into purchasing a couple of multi-family properties from some older Sellers.  They are getting older and are having a hard time maintaining the properties.  My question is:

-   Their concern is selling the properties with such a low basis would expose them to large capital gains taxes.

Thought I would throw out a post to see what you guys think.  Looking for a win/win for both myself and the Sellers.  Thought about Seller financing etc.

Any ideas on how to structure the deal would be much appreciated.  It would be best if they retained income from the property but didn't expose them to large capital gains tax while at the same time relieving them of the maintenance/landlord issues.

Thanks in advance,

--Adam

Loading replies...