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Updated over 5 years ago,
Prospect is hesitant to sell due to taxes, looking for ideas?
Prospect is elderly and wants to sell his lot (he doesn't live on it) but hesitant because of the taxes he'd have to pay. Because of his age I doubt he'd be interested/able to 1031, and because he doesn't live on the lot he can't take the IRS capital gains exemption. What options, if any exist? His property is in Tennessee.