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Updated about 4 years ago on . Most recent reply

User Stats

6
Posts
3
Votes
Jake Kavitski
  • Real Estate Agent
  • Media, PA
3
Votes |
6
Posts

Seller worried about taxes, options?

Jake Kavitski
  • Real Estate Agent
  • Media, PA
Posted

Hi there, BP community!  First time poster here, excited to learn and grow in the forum :-)   I recently inquired about purchasing an off-market property, to which the seller's son indicated that the owner (his mother) did not want to sell because she was afraid of getting "destroyed by all the taxes as a result of a such a big sale."  Are there any creative options for purchasing a property that could help the seller avoid a huge hit on taxes?  The property is currently rented with stable renters and fully paid off by the owner.  It is a single family home.  Thanks for sharing your ideas and anything that may have worked for you personally in the past!

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