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Updated over 7 years ago,
Transfer Ownership Without Paying ALL Taxes. HELP!!
Hi All,
I have the opportunity to purchase ten properties for $50k from one owner which will be a huge profit, HOWEVER they all owe $8-10k in taxes. Is there any way to transfer ownership without having to pay all of the taxes up front at closing? I have $80k to invest but not enough to pay taxes on all properties. I have 60 days until seller gets foreclosed on.
Thanks,