Owner financing to spread out Capital gains tax

[Patrick Flanagan]

I’m trying to buy a property from a lady. This property is payed off, she said she won’t sell it because the capital gains tax is to much.

I thought if we structured a owner financing deal she could divert the capital gains taxes over the duration of the loan?

So I’m trying to find out who to talk to and get a little guidance on what to do.

Also I’d like to hear if any of you have got around this hurtle.

Thanks!

[Anna Swartz-Lopez]

And she doesn't want to just use a 1031 exchange and buy another property and divert capital gains tax that way? That would be the simplest way for her to avoid capital gains. 

As for owner financing, you might have something there, but I would confer with a good CPA who is used to working with real estate investors.