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Updated over 15 years ago,

Loc R.'s profile image
Loc R.'s profile image
Loc R.
  • Note Investor
  • from Pasadena, California
  • Member since Apr 21, 2009
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Loc R.'s profile image
Loc R.'s profile image
Loc R.
  • Note Investor
  • from Pasadena, California
  • Member since Apr 21, 2009
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Loc R.
  • Note Investor
  • Pasadena, CA
544
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849
Posts
Tax, SDIRAs & Cost Segregation

Splitting a parcel

Loc R.
  • Note Investor
  • Pasadena, CA
Posted

Let's say I buy a property with 2 buildings on it, and have a mortgage against the property.

Let's now say I split the property into 2 parcels, sell one and keep the other.

How would the lender (normally) react?

How is this treated, tax-wise?

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