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Updated almost 2 years ago,

Tyler J.'s profile image
Tyler J.'s profile image
Tyler J.
  • Member since Jun 18, 2022
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46
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7
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Tyler J.'s profile image
Tyler J.'s profile image
Tyler J.
  • Member since Jun 18, 2022
Connect
Tyler J.
7
Votes |
46
Posts
Tax, SDIRAs & Cost Segregation

Buying a house for "less" to keep property taxes down?

Tyler J.
Posted

Lets say someone wants to sell a home for $1m - Is it possible to buy it for $1 and then have a legal document drafted or simular saying I just owe the owner $1m as a gift so the property doesnt register as $1m purchase for the assessor?

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