Tax, SDIRAs & Cost Segregation
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 2 days ago, 12/23/2024
Capital Gains from the person selling to me
Hello all! :)
Someone I reached out to on an off market deal told me that they couldn't sell because they bought the property as a rental in the 70s and didn't want to pay the capital gains.
I'm curious if this has come up with anyone else and what I can do to help the seller in the situation to get the deal? Am I able to help pay capital gains? Is there any creative ways the seller can get around this by selling to me?
Sorry if these are dumb questions, but I guess I never know unless I ask!