Sub2 - Seller Proceeds - Taxed as Cap Gains?

[Jesse Crawford]

Morning BP Fam! I am working through my first subject two deal and one objection that I've not seen covered is how the proceeds to the seller / homeowner are taxed. My assumption is that since the deed of a property is changing hands that Uncle Sam would still view this as proceeds from the sell of a property. I'm hoping to have a CPA with experience with sub2 might weigh in.

Thanks in advance and best of luck!

Jesse