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Updated over 9 years ago,

User Stats

63
Posts
3
Votes
Sophia Wang
  • Residential Real Estate Broker
  • Richmond, VA
3
Votes |
63
Posts

Any tax benefit for seller to carry seller financing?

Sophia Wang
  • Residential Real Estate Broker
  • Richmond, VA
Posted

I am working with a seller on a property he and his sister inherited many years ago. I want to ask the forum if there might be any tax benefit if they don't receive all the proceeds in one year, but stretch out and get paid over a 5 year period, with 20% payment yearly.

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