Innovative Strategies
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 11 years ago,
Unique Buying Situation
I have a property worth ~$30k that my aunt is willing to give to me for later payment. I can't get anyone to buy it outright, but they can put a few thousand down and pay me monthly rent. How will that work with taxes between my aunt and I? Does she get to write off $30k as a loss? This question might be best for an accountant, but thought I'd try here first.