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Updated almost 8 years ago on . Most recent reply

Val Deleon's profile image
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Val Deleon
  • Investor
  • from Gilroy, California
  • Member since Jan 7, 2017
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Val Deleon's profile image
Val Deleon's profile image
Val Deleon
  • Investor
  • from Gilroy, California
  • Member since Jan 7, 2017
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Val Deleon
  • Investor
  • Gilroy, CA
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Personal Finance

Capital Gains question.

Val Deleon
  • Investor
  • Gilroy, CA
Posted

We're looking into selling a current rental property to my daughter. It would be their primary residence. We purchased it for 127,000 in 1995. It's current estimated value is 330,000. My question is what capital gains would I be looking at? Is there any way around them? Is there any reason not to go this route? Any help would be appreciated. 

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