Private Lending & Conventional Mortgage Advice
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 over 4 years ago,
Owner financing help!
I know a lady that has several paid for rental properties. I’ve asked her a few times if she would ever sell and she said no I can’t because I’d pay way to much in capital gains taxes.
I’m curious what is the best way to talk with her on why selling is a good idea? Since she obviously doesn’t want to pay capital gains tax, how could I make the sale more enticing?
Is there some way I can structure a owner financed 30 year mortgage with her and divert the taxes over 30 years? Also this lady is elderly, and would probably pass the remainder of the loan off to her children.
Thanks,
Pat