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Updated over 3 years ago,

User Stats

133
Posts
69
Votes
Vince Lucas
Pro Member
  • Flipper/Rehabber
  • Cleveland, OH
69
Votes |
133
Posts

Owner can’t depreciate property and wants to sell creatively

Vince Lucas
Pro Member
  • Flipper/Rehabber
  • Cleveland, OH
Posted

Property owner is no longer able to depreciate property and said that if he sells he’d need to pay 20k. He asked if I would be interested in doing something creative with him. I am not an accountant so I’m not really sure of all the options but if he were to owner finance it, would that help him out? Are there any other options? Thanks

  • Vince Lucas
  • Loading replies...