Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

295
Posts
34
Votes
Burt L.
  • Real Estate Investor
  • Steamboat, CO
34
Votes |
295
Posts

Owner Says Wants to Sell, But Too Much Capital Gains Tax So Can't

Burt L.
  • Real Estate Investor
  • Steamboat, CO
Posted

I get this response from owners from time to time and wonder how others deal with it? If its been a rental, there is depreciation recapture and cap gains tax. Some people don't want to be landlords anymore but don't want to pay the tax either, so are stuck.

I haven't tried suggesting an installment sale or done an owner carry (other than one pre-foreclosure) and have just done cash wholesaling so far. How do you proceed when an out-of-state owner says they want to sell, but that capital gains would eat up their gains?

Loading replies...